Summary by Futu AI
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.4% ownership stake in GameStop Corp., amounting to 22,544,527 shares. This filing, which is an update to BlackRock's investment in GameStop, indicates that BlackRock has sole voting power over 21,875,886 shares and sole dispositive power over all 22,544,527 shares. The filing was made under Rule 13d-1(b), which applies to certain large institutional investors, and indicates that BlackRock's investment is held in the ordinary course of business, not with the purpose of changing or influencing the control of GameStop. The address of GameStop's principal executive offices is listed as 625 Westport Parkway, Grapevine, TX 76051. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated January 26, 2024.