✅ Timeline of Events & Shareholders Recovery

🆘 $BBBYQ shareholders could expect an announcement regarding new distributions or securities offerings around or after December 2, 2024!!!

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🔗 source:💎 Here's an organized summary of the timeline and explanation regarding the potential announcement of a new distribution for GameStop shareholders based on the provided X post:

🎉🎉🎉  Timeline of Events:

✅ 1. **May 2024**: GameStop files an S-3, which includes provisions for issuing digital assets like blockchain-based shares or dividends.

✅ 2. **August 26, 2024**: GameStop terminates its $250 million credit facility, possibly to avoid covenant restrictions on their business strategy.

✅ 3. **September 18, 2024**: The FTC announces a settlement with Ryan Cohen for a Hart-Scott-Rodino (HSR) Act violation related to his Wells Fargo trades. This settlement was crucial as it cleared the way for potential business combinations.

🔻   - **September 20, 2024**: The settlement was submitted to the DC Court system.

🔻   - **September 25, 2024**: The initial 30-day FTC review period ends.

✅ 4. **October 25, 2024**: The secondary FTC review period ends, and GameStop amends its filings to include Ryan Cohen as President, suggesting significant corporate changes.

✅ 5. **October 28, 2024**: Assuming FINRA's review process started immediately after the secondary FTC review, with a typical review period of up to 25 business days:

🔻   - **December 2, 2024**: The end of FINRA's review period, which would be the earliest possible date for GameStop to announce or act on new security distributions.

🎉 Shareholder Announcement: 🎉

🔻 - **December 2, 2024 or later**: If GameStop received a "No Objections Letter" from FINRA, they could announce a new distribution of securities, such as digital assets or dividends, to shareholders soon after. However, this is speculative based on the timeline provided and the assumption that all regulatory steps were followed without delays.

🚨 Explanation:

🎉 The post suggests that GameStop's actions, particularly the timing of the credit facility termination and the subsequent regulatory steps, were strategically planned to lead to a significant corporate event. The sequence of events aligns with the regulatory review periods by the FTC and FINRA, indicating that GameStop might be preparing for a significant announcement or action that would involve issuing new securities or dividends. 

💎 - **S-3 Filing**: This allows for future securities offerings without the need for a new registration statement each time.

💎 - **Credit Facility Termination**: Freed GameStop from certain financial covenants, potentially to engage in acquisitions or investments without lender oversight.

💎 - **FTC Settlement**: Cleared Ryan Cohen to proceed with business combinations without regulatory hiccups.

💎 - **FINRA Review**: Necessary for issuing new securities or digital assets. 

🙌 If all regulatory hurdles were cleared, shareholders could expect an announcement regarding new distributions or securities offerings around or after December 2, 2024, if not delayed further by other unforeseen circumstances or additional regulatory steps.
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