Take-Two has entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company. The purchase price assumes a debt-free, cash-free company with a normalized level of net working capital (excluding cash) at the time of the closing of the acquisition. The acquisition is expected to be completed during the first quarter of Take-two’s Fiscal Year 2025 (ended June 30, 2024) The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO