S-1/A: Game Your Game Secures Warrant with Streeterville Capital
Warrant Agreement
Game Your Game, Inc. has issued a warrant to purchase 1,250,000 shares of common stock to Streeterville Capital, LLC, as part of a broader securities purchase agreement.
Summary
- Game Your Game, Inc. has issued a warrant to Streeterville Capital, LLC, granting the right to purchase 1,250,000 shares of common stock.
- The warrant was issued on June 30, 2026, as part of a Securities Purchase Agreement.
- The exercise price for the warrant shares is $8.00 per share.
- The warrant is exercisable commencing on the Initial Listing Date and expires five years from the Initial Listing Date, unless terminated earlier by the Company.
- There is an ownership limitation of 9.99% of outstanding common stock for the investor.
- The warrant and the underlying shares have not been registered under the Securities Act of 1933.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive development, as it secures a potential future investment from a known entity, but the actual capital raise is contingent on warrant exercise and market conditions.
Positives
- Issuance of a warrant to Streeterville Capital, LLC, indicating potential future investment and support.
- The warrant provides Streeterville Capital, LLC with the right to acquire a significant number of shares, aligning their interests with the company's potential growth.
- The terms of the warrant are clearly defined, including exercise price and expiration date.
Negatives
- The warrant is not registered under the Securities Act of 1933, meaning the shares are subject to resale restrictions.
- The ownership limitation of 9.99% could impact the investor's ability to fully exercise the warrant if the company's outstanding shares increase significantly.
Risks
- The warrant and the common shares issuable thereunder have not been registered under the Securities Act of 1933, and may not be sold without an effective registration statement or an opinion of counsel that registration is not required.
- If the company fails to deliver warrant shares on time, late fees will be incurred, calculated as the greater of $500.00 or 2% of the Warrant Share Value per Trading Day, up to 200% of the Warrant Share Value.
- The company may terminate the warrant by providing ten (10) days prior written notice to the investor, at any time following one year from the Initial Listing Date.
Future Outlook
The warrant provides Streeterville Capital, LLC with the right to purchase 1,250,000 shares of common stock, exercisable from the Initial Listing Date until five years thereafter, subject to an ownership limitation. The terms indicate a potential future capital infusion if the investor chooses to exercise the warrant.
Industry Context
StockSavvy.ai notes that warrants are common financial instruments used in capital raising and strategic partnerships within the technology and startup sectors, providing investors with upside potential while allowing companies to secure future funding or strategic alliances.
Stakeholder Impact
- Shareholders may see potential dilution if the warrant is exercised, depending on the number of outstanding shares at that time.
- Investors may view the warrant as a positive sign of continued support from Streeterville Capital, LLC.
Next Steps
- Streeterville Capital, LLC may choose to exercise the warrant.
- Game Your Game, Inc. must ensure compliance with registration requirements if the warrant is exercised.
- The company will proceed with its direct listing on Nasdaq, which is a condition for the warrant's exercisability.
Key Dates
| Date | Description |
|---|---|
| 2026-06-30 | Date of issuance of the Warrant to Streeterville Capital, LLC. |
| 2026-06-30 | Date of the Securities Purchase Agreement. |
Keywords
Warrant, Streeterville Capital, Game Your Game, Securities Purchase Agreement, Common Stock, Initial Listing Date, Securities Act
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