Exhibit 21.1
List of Subsidiaries
As of April 8, 2026, the following is a list of the subsidiaries of GameSquare Holdings, Inc.:
| Subsidiaries | Jurisdiction of Incorporation | |
|
FaZe Holdings, Inc. FaZe Clan Inc. |
USA USA | |
| LA Peripherals Inc. | USA | |
| Faze Media Holdings LLC | USA | |
| Stream Hatchet S.L. | Spain | |
| SideQik Inc. | USA | |
| Vemba Media Technologies Private Limited | India | |
| GameSquare Esports (USA) Inc. | USA | |
| GCN Inc. | USA | |
| Swingman LLC | USA | |
| Mission Supply LLC | USA | |
| Code Red Esports Ltd. | UK | |
| Click Management Pty Ltd | Australia | |
| Click Media & Management LLC | USA | |
| TubeBuddy, Inc. | USA | |
| Discontinued / Inactive | ||
| UMG Media Ltd. | Canada | |
| UMG Media Corp | Canada | |
| UMG Events LLC | USA | |
| Crowd Control Studies Inc. | Canada | |
| UMG Events (Ontario) Ltd. | Canada | |
| WinView, Inc. | USA | |
| Frankly Inc. | Canada | |
| Frankly Media LLC | USA |