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Final Court Approval of Derivative Litigation
As previously reported in our Current Report on Form 8-K filed on April 22, 2025 (the "April 2025 Form 8-K"), GameSquare Holdings, Inc. (the "Company"), in connection with its prior acquisition of FaZe Holdings, Inc., assumed certain indemnification obligations, including financial responsibility for a portion of the judgement or settlement payment as outlined in the Stipulation and Agreement of Settlement, Compromise and Release (the "Settlement Agreement"), a copy of which was filed with the April 2025 Form 8-K, and is incorporated herein by reference. The Settlement Agreement requires the approval of the Court of Chancery for the State of Delaware ("Court").
On September 22, 2025, the Court entered an Order and Final Judgment, granting final approval of the Settlement Agreement and resolving the Shareholder Derivative Litigation. A copy of the Court's Order and Final Judgment is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Posted In: GAME