GameStop Corporation (GME.W) Warrant
Each GME.W warrant gives the holder the right to buy 1 share of GameStop Corporation at $32.00 per share, until October 30, 2026. The stock last closed at $24.70, below the strike, so the warrant is out of the money. GameStop Corporation has a market value of about $12.46B. There are 59.14M listed warrants; exercising all of them would add 11.7% to the 504.50M shares outstanding.
Key terms
- Strike per share
- $32.00
- Shares per warrant
- 1
- Cash to exercise one warrant
- $32.00
- Expiry
- 2026-10-30
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- $34.19
From the issuer's 10-K (2026-03-24).
Company and stock
- Company
- GameStop Corporation
- Underlying stock
- GME
- Share price
- $24.70
- Market cap
- $12.46B
- Shares outstanding
- 504.50M
- 12-month range
- $17.87 – $27.69
- 12-month change
- -11%
- Value of all listed warrants
- $129.53M (1.0% of market cap)
- Industry
- Retail: Computer & Computer Software Stores
- Head office
- Grapevine, TX
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2026-09-03). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $2.19
- Price / model
Pro will show whether GME.W is cheap or rich against our model. It is not open yet. Leave your email to hear when it is.
Dilution
- Shares outstanding
- 504.50M
- Listed warrants
- 59.14M
- Dilution if all exercised
- 11.7%
Warrant count from filing notes, read by hand (medium): Warrants (Oct 2025 warrant distribution, GME WS).
Filings and events
Questions about GME.W
When does the GME.W warrant expire?
GME.W expires on October 30, 2026.
What is the strike price of GME.W?
$32.00 per share; each warrant converts into 1 share, so exercising one warrant costs $32.00.
Can GameStop Corporation redeem the GME.W warrants early?
The source filing we read lists no stock-price redemption trigger.
How many GME.W warrants are outstanding?
59.14M listed warrants, equal to 11.7% dilution if all are exercised.
Related warrants
Get an email when alerts for GME.W open
Alerts and Pro are not open yet. Leave your email and we will tell you when you can follow GME.W.