GME 8-K — Smart Summary

On May 3, 2026, GameStop Corp. submitted a non-binding proposal to acquire 100% of eBay Inc. at $125.00 per share in cash and stock. On May 4, 2026, GameStop filed a Schedule 13D reporting its combined beneficial ownership of, and economic exposure through derivatives to, eBay.

• GameStop submitted a non-binding proposal to acquire 100% of eBay at $125.00 per share in cash and stock
• Proposal was submitted via an Offer Letter to the chairman of the board of eBay Inc. on May 3, 2026
• Consummation would be subject to customary closing conditions, including shareholder approval of both companies and required antitrust approvals
• On May 4, 2026, GameStop filed a Schedule 13D reporting its combined beneficial ownership of, and economic exposure through derivatives to, eBay
• There can be no guarantee that the Company will enter into a binding agreement for the Proposal, either on terms favorable to the Company or at all