Summary by Futu AI
Take-Two Interactive Software, Inc., a leading developer, publisher, and marketer of interactive entertainment, has filed a registration statement with the Securities and Exchange Commission on June 11, 2024, for a Form S-3 registration. The registration pertains to the resale of 2,830,084 shares of common stock by selling shareholder Embracer Group AB, following the acquisition of The Gearbox Entertainment Company, Inc. The shares were issued as part of the Share Purchase Agreement between Take-Two Interactive Software, Inc., Groundhog 2, LLC, Gearbox Entertainment Company Holding AB, and Embracer Group AB. The resale will be conducted from time to time after the effective date of the registration statement. Take-Two Interactive Software will not receive any proceeds from the sale of the common stock but...Show More