GameSquare Holdings, the gaming and esports media company trading under the ticker GAME, has watched its stock lose roughly 83% of its value over the past twelve months. The shares are hovering around $0.32, which is a problem when the exchange you’re listed on requires a minimum bid price of $1.00.
NASDAQ first flagged the issue back in September 2025, notifying GameSquare that its share price had lingered below the $1 threshold for 30 consecutive business days. The company received a 180-day compliance window, then secured an extension in March 2026 that pushed the final deadline to September 7, 2026.
Revenue is up, stock is down
The company posted Q1 2026 revenue of $14.5 million, a 95% year-over-year increase. Management reaffirmed full-year revenue guidance of $85 to $90 million, with projected adjusted EBITDA north of $5 million.
In April 2026, the company repurchased nearly 2.3 million of its own shares for about $1 million, averaging roughly $0.44 per share.
