GameStop Doubles Share Authorization as Newsroom References eBay Acquisition Proposal

GameStop stockholders approved more than doubling the company's authorized shares on July 7, 2026. The move removes a constraint that would otherwise require shareholder approval before issuing new stock for financing or acquisitions. The timing aligns with GameStop's newsroom referencing an acquisition proposal for eBay—a company with market capitalization dwarfing GameStop's equity base. No formal offer terms or eBay's response have been disclosed.