Blue & Silver Ventures, Ltd. 4

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.