Corporate ActionJul 30, 2026, 09:19 AM
Game Your Game Inc. Begins Trading on Nasdaq Under "GYGY"
AI Summary
Game Your Game Inc. (GYGY) announced its common stock began trading on the Nasdaq Capital Market under the symbol "GYGY" on July 30, 2026. This marks a significant milestone for the AI-powered sports performance technology company. Concurrently, the company entered into a Third Amendment and Waiver Agreement with Grafiti LLC, extending the maturity date of an unsecured promissory note to July 31, 2027, and establishing new repayment provisions. Additionally, Grafiti LLC, the controlling stockholder, agreed to waive certain rights related to the Series A Convertible Preferred Stock, including optional redemption requests and the application of "Trigger Events" for a specified period.
Key Highlights
- Game Your Game Inc. common stock began trading on Nasdaq under ticker "GYGY".
- Promissory note maturity date with Grafiti LLC extended to July 31, 2027.
- Repayment provisions for the note include a cap of $500,000 in the first month post-Direct Listing.
- Monthly repayment cap of $150,000 thereafter, reduced to $25,000 if stock price is below $4.00.
- Grafiti LLC, the parent company, waived its right to request optional redemption of Series A Preferred Stock.
- Grafiti LLC also waived certain "Trigger Events" for Series A Preferred Stock until the end of the fiscal quarter of the Direct Listing.
- Company is an AI-powered sports performance technology company focused on the golf industry.
- Company's platform has been used in over 140 countries, tracking 3M+ rounds and 300M+ shots.
Price Impact