GameStop Corporation (GME.W) Warrant
Each GME.W warrant gives the holder the right to buy 1 share of GameStop Corporation at $32.00 per share, until October 30, 2026. The stock last closed at $24.70, below the strike, so the warrant is out of the money. GameStop Corporation has a market value of about $12.46B. There are 59.14M listed warrants; exercising all of them would add 11.7% to the 504.50M shares outstanding.
GME vs strike, last 12 months
No share-price history for GME yet.
Key terms
- Strike per share
- $32.00
- Shares per warrant
- 1
- Cash to exercise one warrant
- $32.00
- Expiry
- 2026-10-30
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- $34.19
From the issuer's 10-K (2026-03-24).
Company and stock
- Company
- GameStop Corporation
- Underlying stock
- GME
- Share price
- $24.70
- Market cap
- $12.46B
- Shares outstanding
- 504.50M
- Value of all listed warrants
- $129.53M (1.0% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-09-03). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $2.19
- Price / model
Get Pro to see whether GME.W is cheap or rich against our model.
Dilution
- Shares outstanding
- 504.50M
- Listed warrants
- 59.14M
- Dilution if all exercised
- 11.7%
Warrant count from filing notes, read by hand (medium): Warrants (Oct 2025 warrant distribution, GME WS).
Filings and events
Questions about GME.W
When does the GME.W warrant expire?
GME.W expires on October 30, 2026.
What is the strike price of GME.W?
$32.00 per share; each warrant converts into 1 share, so exercising one warrant costs $32.00.
Can GameStop Corporation redeem the GME.W warrants early?
The source filing we read lists no stock-price redemption trigger.
How many GME.W warrants are outstanding?
59.14M listed warrants, equal to 11.7% dilution if all are exercised.