GameSquare Holdings Secures $10 Million Working Capital Line of Credit with SLR Capital Partners

GameSquare Holdings, a leading media, entertainment, and technology company, has announced a significant milestone in its growth strategy with the acquisition of a $10 million working capital line of credit from SLR Capital Partners. The credit line, which matures in September 2026, demonstrates GameSquare’s commitment to securing non-dilutive funding sources to support its continued sales growth.

Justin Kenna, the CEO of GameSquare Holdings, expressed his enthusiasm for the partnership, stating, “Today’s announcement reflects our commitment to support the current and future growth of our business through non-dilutive funding sources. We believe we have a clear path to profitability in the coming quarters as we continue to successfully integrate the Engine Gaming merger and execute against growing revenue opportunities during the seasonally strong second half of the year.”

SLR Capital Partners, founded in 2006, is a diversified middle-market private credit solutions platform. The firm primarily invests in U.S. middle-market companies through cash flow, asset-based, and specialty finance senior secured loans. With over 35 years of investment experience, SLR’s founders, Michael Gross and Bruce Spohler, bring a wealth of knowledge and expertise to the partnership.

GameSquare Holdings, Inc. is a vertically integrated digital media, entertainment, and technology company that connects global brands with gaming and youth culture audiences. Their comprehensive platform includes various subsidiaries such as GCN, Cut+Sew (Zoned), Code Red Esports Ltd., Complexity Gaming, Fourth Frame Studios, Mission Supply, Frankly Media, Stream Hatchet, and Sideqik.

By securing this working capital line of credit, GameSquare Holdings aims to fuel its growth initiatives and capitalize on the numerous opportunities within the gaming and esports industry. The company’s focus on non-dilutive funding sources highlights its commitment to delivering value to its shareholders while maintaining financial flexibility.

As GameSquare Holdings continues to execute its business plan and integrate acquisitions, the company remains optimistic about its future performance and revenue growth. With a strong foundation and a clear vision, GameSquare is well-positioned to leverage its portfolio across entertainment and media platforms, driving further success in the industry.

For more information about GameSquare Holdings and its subsidiaries, please visit www.gamesquare.com.

Contact:
Investor Relations – Andrew Berger
Phone: (216) 464-6400
Email: IR@gamesquare.com

Media Relations – Chelsey Northern/The Untold
Phone: (254) 855-4028
Email: pr@gamesquare.com

SOURCE: GameSquare Holdings, Inc.