GameSquare Completes $8.00 Million Fundraising, Plans to Launch Ethereum Fund Management Strategy

Media and technology company GameSquare (Nasdaq: GAME) has announced the completion of an $8 million fundraising round to launch its Ethereum fund management strategy. According to the announcement, this round of financing was completed through a firm commitment public offering, with an issue price of $0.95 per share, for a total issuance of 8,421,054 common shares. The company's board of directors has approved a phased investment plan of up to $100 million in Ethereum, while also reserving sufficient working capital for daily operations. [Odaily Planet Daily]