GameStop (GME) 2024 Annual Meeting of Shareholders adjourned due to technical issues [UPDATED]
The Meeting of Shareholders will be rescheduled at a later date.
Updated on 6/13/2024 @ 3:32 p.m. PT: GameStop has officially set the GME 2024 Annual Meeting of Shareholders for what should be a finalized date and time. The meeting is now set to take place on June 17, 2024, at 9:30 a.m. PT / 12:30 p.m. ET. This was announced in an official statement on the GameStop investor relations website.
Correction: GameStop has moved the Annual Meeting of Stockholders to June 17, 2024 at 11:30 a.m. CDT. $GME #GME #GameStop #GMEStock https://t.co/OhG3ZIRkVz pic.twitter.com/0isiGGEP8D
— Shacknews (@shacknews) June 13, 2024
Updated on 6/13/2024 @ 10:54 a.m. PT: GameStop has posted what appears to be a new time for the GME 2024 Annual Meeting of Shareholders. According to the meeting page on ComputerShare, the shareholder meeting will now take place on Friday, June 14, 2024, at 1 p.m. PT / 4 p.m. ET.
It appears that the GameStop Annual Meeting 2024 has been rescheduled and will take place at 4:00 p.m. ET on Friday, June 14. $GME #GME #GameStop #GMEStock pic.twitter.com/TqT17qkzqk
— Shacknews (@shacknews) June 13, 2024
Original Story: What was supposed to be an enlightening day in the GameStop GME investor community has turned into one of confusion and concern as the 2024 Annual Meeting of Shareholders was delayed by a little under an hour and then abruptly adjourned due to technical difficulties. The shareholders meeting will be rescheduled and a date and time for the new meeting will be announced in the near future.
The GameStop 2024 Annual Meeting of Shareholders was originally scheduled to take place on June 13, 2024, at 8 a.m. PT / 11 a.m. ET with a virtual livestream via ComputerShare. However, shareholders found themselves unable to access the meeting for a number of minutes after it was supposed to start. At about 11:48 a.m. ET, a GameStop investor relations spokesperson opened the meeting and immediately adjourned it due to technical difficulties. The spokesperson said that GameStop intends to reschedule and announce the new timing for the shareholders meeting “as soon as possible.”
GameStop 2024 Annual Meeting adjourned due to technical issues preventing shareholders from accessing the website. $GME #GameStop #GME #GMEStock pic.twitter.com/eH0tFQkL4L
— Shacknews (@shacknews) June 13, 2024
GameStop’s delayed start to its shareholder meeting and then eventual cancellation was cause for concern among investors. The GME stock started at around $26 USD per share as the meeting was set to kick off. It eventually peaked at around $27.72 per share, but as soon as the meeting was adjourned, it immediately fell back to around $26 and currently floats between $26 and $27.
With GameStop having successfully sold about 75 million more shares of GME stock, raising over $2.1 billion in cash, the company.
We’re still waiting to hear when the new dates for the GME 2024 Annual Meeting of Shareholders will be, so stay tuned for more details as they become available. We’ll have all the latest on GameStop and its stock right here at Shacknews.
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