Game Your Game Registers 22.2M Shares for Streeterville Resale, Revealing Deep Dilution Mechanics
GYGY is trading near its 52-week low of $1.24 (4.0% above the low).
Summary
Game Your Game registers 22.2 million shares for resale by Streeterville, revealing conversion terms that could cause severe dilution as the stock trades near its 52-week low.
Key Events · Financing and Capital Events · GYGY
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22.2M Share Resale Registration
Registers resale of up to 22,222,200 shares of common stock issuable upon conversion of Series A Preferred Stock, representing 200% of the maximum shares issuable at the $4.00 floor price.
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Conversion Price Can Drop to 88% of VWAP
After a Trigger Event or Event of Default, the conversion price becomes the lesser of $8.00 or 88% of the lowest daily VWAP over 10 trading days, subject to a $4.00 floor.
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Trigger Event Virtually Certain by Jan 2027
A Trigger Event occurs if any Series A Preferred Stock remains outstanding six months after the Listing Date (on or about January 30, 2027), which is likely given the three-year commitment period.
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Stated Value Increases Compound Dilution
Stated Value automatically increases by 5% on a Trigger Event and 10% on an Event of Default, increasing the number of shares issuable upon conversion.
Analysis · GYGY · Technology
This S-1 registers the resale of up to 22,222,200 shares of common stock issuable upon conversion of Series A Preferred Stock held by Streeterville Capital. The filing reveals that the conversion price can drop to 88% of the lowest daily VWAP (subject to a $4.00 floor) after a Trigger Event, and that a Trigger Event is virtually certain to occur on or about January 30, 2027. The stated value also increases by 5% on a Trigger Event and 10% on an Event of Default, compounding dilution. With the stock trading near its 52-week low of $1.24, the potential for massive dilution is significant. The company received $8 million from the second closing and may receive up to $32 million more, but the terms heavily favor the investor and could severely dilute existing shareholders.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 36.9% of the 1029 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GYGY was trading at $1.29 on NASDAQ in the Technology sector, with a market capitalization of approximately $18.8M. The 52-week trading range was $1.24 to $32.66. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.