Take-Two Interactive agreed to sell 4,750,000 shares of common stock at a public offering price of $225.00 per share under an underwriting agreement with J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC as representatives of the underwriters, dated May 20, 2025.

1. 01

   Take-Two Interactive agreed to sell 4,750,000 shares of common stock at a public offering price of $225.00 per share under an underwriting agreement with J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC as representatives of the underwriters, dated May 20, 2025.

2. 02

   The company said it granted the underwriters an option to buy up to 712,500 additional shares over 30 days, and that the underwriters exercised the option in full on May 21, 2025.

3. 03

   The company said in its press release that expected net proceeds from the offering after expenses are about $1.04 billion, or about $1.19 billion if the underwriters exercise the option in full. It said the proceeds are intended for general corporate purposes, which may include repaying debt and future acquisitions.

4. 04

   The company said the shares are being offered under an effective Form S-3 registration statement filed with the SEC on February 7, 2025, as supplemented by a prospectus supplement dated May 20, 2025, and that the sale closed on May 22, 2025.

Analysis 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.

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.