Blue & Silver Ventures, Ltd. 4
4 · GameSquare Holdings, Inc. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
GameSquare (GAME) Blue & Silver Ventures Acquires Shares
What Happened Blue & Silver Ventures, Ltd. (a reporting person affiliated with GameSquare director Thomas L. Walker) acquired a total of about 2,341,601 GameSquare (GAME) shares in late May 2026. That total includes: 1,371,439 shares reported on 2026-05-22 via an "other acquisition" (reported at $0.00), open‑market purchases of 620,100 shares on 2026-05-26 at an average price near $0.43 (about $268,565), open‑market purchases of 144,346 shares on 2026-05-27 at $0.42 (about $60,308), and a derivative interest for 205,716 shares (reported at $0.00) tied to warrants. The cash outlay for the open‑market purchases totaled roughly $328,873. These are purchases (not sales).
Key Details
- Transaction dates and codes: 2026-05-22 (code J, other acquisition) 1,371,439 shares; 2026-05-26 (code P, open‑market purchase) 620,100 shares @ ~$0.43; 2026-05-27 (code P) 144,346 shares @ $0.42; 2026-05-22 (code J, derivative) 205,716 warrants/derivative shares.
- Cash spent on open‑market purchases: ~764,446 shares for ~$328,873.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Footnotes of note:
- F1: Thomas L. Walker is treasurer of the reporting person and serves on GameSquare’s board as the reporting person’s representative; filing made out of caution regarding "director by deputization."
- F2 & F6: Some shares and warrants were distributed from Goff Jones Strategic Partners, LLC as part of its dissolution (no sales by Goff Jones).
- F3: Beneficial ownership adjusted for a prior overstatement of one share.
- F4/F5: Weighted average price range noted for purchases and reporting person will provide per‑price details on request.
- Timeliness: Form 4 was filed on 2026-05-27 and covers transactions from 2026-05-22 through 2026-05-27; there is no indication in the filing excerpt that it was late.
Context
- The filings show both direct open‑market purchases (P) and acquisitions via distribution/warrant transfer (J). The $0.00 entries reflect distributions or derivative transfers, not free market purchases.
- Purchases by insiders or affiliated entities can be of interest to retail investors as a sign of insider accumulation, but filings do not disclose the insider’s motives.
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
[F2][F1][F3]2026-05-22+1,371,439→ 5,233,174 total - Purchase
Common Stock
[F1]2026-05-26$0.43/sh+620,100$268,565→ 5,853,274 total - Purchase
Common Stock
[F4][F5][F1]2026-05-27$0.42/sh+144,346$60,308→ 5,997,620 total - Other
Warrants (right to purchase)
[F2][F6]2026-05-22+205,716→ 205,716 totalExercise: $1.55From: 2024-03-08Exp: 2029-03-08→ Common Stock (205,716 underlying)
Footnotes (6)
- [F1]Thomas L. Walker, who is a director of the issuer, is the treasurer for the reporting person and serves on the issuer's board of directors as the reporting person's representative. In light of Mr. Walker's relationship with the reporting person, the reporting person may be deemed a "director by deputization" of the issuer for purposes of Section 16 of the Securities Exchange Act of 1934. This filing is therefore being made out of an abundance of caution, without taking any position as to whether the reporting person is in fact a director by deputization. Mr. Walker disclaims beneficial ownership of any securities of the issuer held by the reporting person, except to the extent of his pecuniary interest therein, if any.
- [F2]Distribution from Goff Jones Strategic Partners, LLC ("Goff Jones"), of which the reporting person is a member. Goff Jones no longer serves its original purpose and is being dissolved. Prior to its dissolution, Goff Jones distributed all of its Common Stock and warrants exercisable for Common Stock to its members. No securities of the issuer were sold by Goff Jones as part of the dissolution.
- [F3]The reporting person's beneficial ownership has been reduced to adjust for an overstatement of one share of Common Stock in a Form 4 filed on April 27, 2026.
- [F4]Represents the weighted average sale price of Common Stock purchased in a series of open market transactions on the transaction date at prices ranging from $0.4 to $0.4327 per share.
- [F5]The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F6]Prior to the dissolution of Goff Jones, the reporting person received a portion of the warrants held by Goff Jones exercisable for 205,716 shares of Common Stock.
Signature
/s/ Thomas L. Walker|2026-05-27