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(Dimitris Chapsoulas/Unsplash) (Bloomberg) â GameStop Corp.àis set to cash in on its 2021 surge after the company said it may sellàup toà$1 billion worth of additional shares in one of the largest at-the-market equity offerings ever announced for the retail sector. The video game retailer erased an early 14% drop to close 2.4% lower in New York at $186.95. Jefferies will manage the offering of up to 3.5 million shares, according to a statement, and proceeds will be used to further accelerate its corporate transformation. GameStopâÂÂs offering plan is 10 times larger than one it announced in December with Jefferies, according to data compiled by Bloomberg. However, the potential dilution to shareholders is about the same since the retailer was worth $13.4 billion at ThursdayâÂÂs close, roughly 10 times its value at the end of 2020.