Ryan Cohen’s new corporate attorney, revealed in the Schedule 13D filed on December 21st, provides strategic guidance to hedge funds and other investors in matters concerning shareholder activism, proxy contests, mergers and acquisitions, corporate governance and other related matters.

Ryan P. Nebel has experience advising shareholder clients regarding Schedule 13D investments in public companies and activist strategies, including proxy contests, withhold campaigns, consent solicitations, settlement negotiations and hostile takeovers.

Sources:
Schedule 13D 36467W109
Ryan P. Nebel on olshanlaw.com

The founder of Chewy has increased his stake in GameStop.

Activist investor Ryan Cohen, founder of e-commerce giant Chewy, reported in a Schedule 13D filing that he’s increased his position to a 12.9% stake (9,001,000 shares) in GameStop Corp.

Over 9,000,000 shares. We see what you did there Cohen.

Ryan Cohen’s 13D Filing from December 21st 2020

The shares cost RC Ventures $75,899,399, excluding brokerage commissions, according to the filing.

RC Ventures purchased shares as low as $13.80, and as high as $16.02.

Source: RC Ventures 13D

If GameStop takes practical steps to cut its excessive real estate costs and hire the right talent, it will have the resources to begin building a powerful e-commerce platform that provides competitive pricing, broad gaming selection, fast shipping and a truly high-touch experience that excites and delights customers. This is the type of world-class infrastructure that was constructed at Chewy, which is worth multiples of GameStop’s current market capitalization.

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