Post by Kevin Malone on special dividend warrant distribution on October 3, 2025

– Kevin Malone’s post highlights a discrepancy between SEC filings showing no GameStop insiders hold shares via Computershare’s Direct Registration System (DRS) and widespread social media claims urging shareholders to DRS shares to receive upcoming warrants, suggesting potential misinformation.

– GameStop’s recent announcement of a special dividend warrant distribution on October 3, 2025, to shareholders of record (one warrant per ten shares) does not specify DRS as a requirement, aligning with clarifications from board member Larry Cheng and contradicting the aggressive DRS campaign.

– Historical data from DRSGME.org indicates only a minority of GameStop’s float is DRS-registered, yet the company’s stock resilience during the 2021 short squeeze suggests market dynamics, not DRS status, may drive value, challenging the narrative of DRS as a necessity for shareholder benefits.

Kevin Malone

⁦‪@Malone_Wealth‬⁩

NON BREAKING NEWS “to GameStop shareholders. According to all current SEC filings, not a single GameStop insider holds their shares at Computershare in DRS form.”
***I have seen hundreds of posts tonight about DRS, and locking your shares in transition for up to 30 days for most

9/9/25, 7:36 PM

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Post by Kevin Malone on special dividend warrant distribution on October 3, 2025

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