07:33 AM EDT, 06/07/2024 (MT Newswires) -- GameStop ( GME ) said Friday it has filed a prospectus with the Securities and Exchange Commission to offer and sell up to an additional 75 million shares of its common stock, pursuant to its shelf registration, 'from time-to-time.'

The company said it plans to use net proceeds of the offering, if any, for general corporate purposes, which may include acquisitions and investments.

The company's share price was down 8% during recent Friday premarket activity.

Price: 42.65, Change: -3.90, Percent Change: -8.38