GameStop Clears the Way to Issue More Stock as eBay Acquisition Talks Surface

GameStop shareholders approved doubling authorized shares on July 7, 2026. The move eliminates the need for future shareholder votes before issuing new stock for deals or financing—a significant constraint removal. The timing matters: GameStop's newsroom has referenced an acquisition proposal for eBay, a company vastly larger by market value. No formal terms or eBay response disclosed yet.