AI English summary of an SEC filing — figures as filed
Take-Two Interactive TTWOThe company said it entered into an underwriting agreement with Embracer Group AB (Selling Shareholder) and Goldman Sachs & Co. LLC on June 12, 2024, covering the 2,830,084 shares in the 2 underwritten public secondary offering of Embracer Group AB's holdings.
Key points
AI summaryThe company said it entered into an underwriting agreement with Embracer Group AB (Selling Shareholder) and Goldman Sachs & Co. LLC on June 12, 2024, covering the 2,830,084 shares in the 2 underwritten public secondary offering of Embracer Group AB's holdings.
The company said the shares were issued to Embracer Group AB on June 11, 2024 in connection with the closing of the acquisition of The Gearbox Entertainment Company, Inc., and that the offering price is $154.50 per share.
The company said the offering is solely a resale of secondary shares that are already issued and outstanding, and that it will not receive any of the proceeds from the Selling Shareholder's sale of the shares. The company said the offering closed on June 14, 2024.
The company said the offering is being made under Form S-3 (Registration Statement No. 333-280123) filed with the SEC on June 11, 2024, as supplemented by the final prospectus supplement filed on June 12, 2024.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Embracer Group AB's 2,830,084 shares in 2nd offering
The company said it entered into an underwriting agreement with Embracer Group AB (Selling Shareholder) and Goldman Sachs & Co. LLC on June 12, 2024, covering the 2,830,084 shares in the 2 underwritten public secondary offering of Embracer Group AB's holdings.
Source · Based on the filing body and exhibits
Issuance and pricing of 2nd offering shares
The company said the shares were issued to Embracer Group AB on June 11, 2024 in connection with the closing of the acquisition of The Gearbox Entertainment Company, Inc., and that the offering price is $154.50 per share.
Source · Based on the filing body and exhibits
No offering proceeds to company; offering closed
The company said the offering is solely a resale of secondary shares that are already issued and outstanding, and that it will not receive any of the proceeds from the Selling Shareholder's sale of the shares. The company said the offering closed on June 14, 2024.
Source · Based on the filing body and exhibits
Form S-3 registration and prospectus supplement
The company said the offering is being made under Form S-3 (Registration Statement No. 333-280123) filed with the SEC on June 11, 2024, as supplemented by the final prospectus supplement filed on June 12, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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