04:30 AM EDT, 06/13/2025 (MT Newswires) -- GameStop ( GME ) said late Thursday it priced an upsized private offering of $2.25 billion of 0% convertible senior notes due June 15, 2032, for about $2.23 billion in net proceeds.

The offering's initial purchaser has an option to acquire up to an additional $450 million of the notes.

The company expects the offering to close Tuesday and plans to use the net proceeds for general corporate purposes.

GameStop ( GME ) shares were up 1.7% in recent premarket activity Friday.