A public company can absolutely issue new shares, it's not the typical way companies raise money but it happens all the time. GameStop itself did it during the craze to capitalize on the increase share price did they not?
No idea why you think it would bankrupt the company, it changes nothing. The new shares is balanced by the new money on the balance sheet.
No idea why you think it would bankrupt the company, it changes nothing. The new shares is balanced by the new money on the balance sheet.