Take-Two Announces Pricing for Public Offering of Common Stock

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announced the pricing of an underwritten public offering of 4,750,000 shares of its common stock at $225.00 per share, with an additional option for underwriters to purchase up to 712,500 shares. The offering, expected to close on May 22, 2025, is intended to raise approximately $1.04 billion for general corporate purposes, including debt repayment and future acquisitions. The net proceeds could reach approximately $1.19 billion if the option is exercised in full.

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About Take-Two Interactive Software, Inc.

Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment. The company's primary function is to create and distribute video games for console, PC, and mobile platforms. It is renowned for its high-profile game franchises, including Grand Theft Auto, Red Dead Redemption, and NBA 2K, which have become staples in the gaming industry. Take-Two Interactive serves global entertainment markets, delivering innovative and high-quality gaming experiences across different genres. The company operates through two major publishing labels: Rockstar Games, known for its focus on creating immersive open-world gaming experiences, and 2K, which offers a diverse range of titles from sports to strategy games. Take-Two Interactive is integral to the gaming ecosystem, leveraging its expertise in game development to maintain significant influence and presence in the industry. By consistently producing top-tier content that resonates with audiences, it contributes to the industry's growth and evolution, capturing the interest of diverse gaming communities worldwide.