Wednesday, Take-Two Interactive Software, Inc. (TTWO) announced the pricing of an underwritten public secondary offering of approximately 2.83 million shares of its common stock held by Embracer Group AB at $154.50 per share.
These shares were originally issued to Embracer Group AB on June 11, 2024, as part of the Company's acquisition of The Gearbox Entertainment Company, Inc.
The offering consists of a resale of existing secondary shares and Take-Two will not receive any proceeds from this sale.
The closing of the offering is expected to take place on June 14, 2024, pending customary closing conditions, with Goldman Sachs & Co. LLC serving as the sole underwriter.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.