Ryan Cohen's RC Ventures Amends GameStop Filing

Ticker: GME-WT · Form: SC 13D/A · Filed: Jun 11, 2024 · CIK: 1326380

Gamestop CORP. SC 13D/A Filing Summary
FieldDetail
CompanyGamestop CORP. (GME-WT)
Form TypeSC 13D/A
Filed DateJun 11, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: 13D-filing, activist-investor, amendment

Related Tickers: GME

TL;DR

Ryan Cohen's RC Ventures filed an update on GME. No major changes disclosed, but always worth watching.

AI Summary

RC Ventures LLC, led by Ryan Cohen, filed an amendment (No. 9) to its Schedule 13D on June 11, 2024, regarding its holdings in GameStop Corp. The filing does not disclose specific changes in share ownership or dollar amounts but updates information related to the reporting person and the issuer.

Why It Matters

This filing is an update to a significant shareholder's position, which can influence market perception and stock movement for GameStop.

Risk Assessment

Risk Level: medium — Filings from significant shareholders like Ryan Cohen can introduce volatility and uncertainty for the stock.

Key Players & Entities

FAQ

What is the purpose of this Amendment No. 9 to the Schedule 13D?

The filing states it is an amendment to the Schedule 13D previously filed by RC Ventures LLC, updating information related to the reporting person and the issuer.

Who is the primary filer for this document?

The primary filer is RC Ventures LLC.

What company's securities are being reported on?

GameStop Corp. Class A Common Stock.

When was this amendment filed with the SEC?

The filing was made on June 11, 2024.

Does this amendment disclose any new share purchases or sales by RC Ventures LLC?

The provided text does not specify any new share purchases or sales; it indicates an update to previously filed information.

Filing Stats: 917 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2024-06-11 17:21:29

Key Financial Figures

Filing Documents

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer . Items 5(a) and (c) are hereby amended and restated to read as follows: (a) The aggregate percentage of Shares reported owned by each person named herein is based upon 426,217,517 Shares outstanding as of June 11, 2024, which is the total number of Shares outstanding following the completion of the Issuer’s “at-the-market offering” program, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on June 11, 2024, based upon the disclosure therein and provided in the Issuer’s prospectus supplement filed pursuant to Rule 424(b)(5) with the Securities and Exchange Commission on June 7, 2024. As of the date hereof, RC Ventures directly beneficially owned 36,847,842 Shares, constituting approximately 8.6% of the Shares outstanding. Mr. Cohen, as the Manager of RC Ventures, may be deemed to beneficially own the 36,847,842 Shares owned by RC Ventures, constituting approximately 8.6% of the Shares outstanding. The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own. (c) There have been no transactions in securities of the Issuer by the Reporting Persons during the past sixty days nor since the filing of Amendment No. 8 to the Schedule 13D. 4 CUSIP No. 36467W109

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: June 11, 2024 RC Ventures LLC By: /s/ Ryan Cohen Name: Ryan Cohen Title: Manager /s/ Ryan Cohen Ryan Cohen 5

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