Game Your Game Cuts Streeterville Warrant Strike to $1.00, Swaps CFO, Raises CEO Pay
GYGY is trading near its 52-week low of $0.31 (13% above the low).
Summary
Game Your Game repriced 1.5 million Streeterville warrants to a $1.00 strike in exchange for waiving anti-dilution and MFN rights, and disclosed a CFO change plus a large CEO pay and option increase.
Key Events · Financing and Capital Events · GYGY
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Streeterville Warrants Repriced to $1.00
Amendments dated October 23, 2026 cut the exercise price on 250,000 Debt Warrants and 1,250,000 Preferred Warrants to $1.00 per share, effective on the 424B sticker Disclosure Date.
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Investor Waives Anti-Dilution Rights
Streeterville waived most-favored-nation, anti-dilution and price-protection adjustments and agreed the amendment is not a Trigger Event or Event of Default under the notes.
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New CFO Installed
Wendy Loundermon became CFO and principal financial and accounting officer effective October 16, 2026, replacing Dominic Poole, who stays on as VP of Finance at unchanged compensation.
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CEO Pay and Options Raised
Soumya Das' salary rose from $200,000 to $300,000 effective October 1, 2026, his bonus maximum from $50,000 to $200,000 from fiscal 2027, and his option grant from 200,000 to two 500,000-share grants.
Analysis · GYGY · Technology
Streeterville's 1.5 million warrants (250,000 debt, 1,250,000 preferred) now carry a $1.00 strike instead of their original terms, and Streeterville gave up its most-favored-nation and anti-dilution protections in exchange. That removes a reset overhang but sets a fixed conversion level roughly three times today's $0.3492 share price, so the warrants stay out of the money unless the stock nearly triples. The bigger governance read is the people: a new CFO arrived October 16 with a $200,000 salary, $25,000 signing bonus and 200,000 options, while CEO Soumya Das went from a $200,000 to $300,000 salary, a bonus ceiling from $50,000 to $200,000, and option grants from 200,000 to 1,000,000 shares. For a company that just posted a $3.3M quarterly loss with minimal revenue, that is meaningful added cash compensation and potential dilution layered onto an already heavily diluted cap table.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.7% of the 1698 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, GYGY was trading at $0.35 on NASDAQ in the Technology sector, with a market capitalization of approximately $5M. The 52-week trading range was $0.31 to $32.66. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.