Summary by Futu AI
On June 12, 2024, Take-Two Interactive Software, Inc. announced the pricing of a secondary offering of 2,830,084 shares of common stock at $154.50 per share. The shares were initially issued to Embracer Group AB on June 11, 2024, as part of the acquisition of The Gearbox Entertainment Company, Inc. This offering, underwritten by Goldman Sachs & Co. LLC, is a resale of existing shares, and Take-Two will not receive any proceeds from the sale. The offering was made under an effective shelf registration statement filed with the SEC on June 11, 2024, and the closing of the offering took place on June 14, 2024. The company also issued a press release on June 12, 2024, to announce the offering's pricing.