Motorsport Games appoints John Delta as Interim CFO at $450/hour; addresses going concern

Motorsport Games Inc.

John Delta, 60, named part-time Interim CFO effective Oct 4, 2022; $450/hour via TechCXO consulting agreement.
Initial 4-week term with rolling 3-month renewal; Q3 close delayed start from Sep 19 to Oct 4.
Key objectives: optimize capital structure, address going concern, improve cost structure, lead FY'23 budget planning.
Delta will work up to 16 hours per week; focuses on tactical accounting and strategic financial oversight.
He replaces outgoing CFO; no family relationships or transactions with company disclosed.

item 5.02 item 9.01

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Appointed (interim)

John Delta

Interim Chief Financial Officer

MSGM · Motorsport Games Inc.

Effective: 2022-10-04
Filed: October 14, 2022, 7:59 PM ET

it has engaged John Delta, 60, as the Company's part-time Interim Chief Financial Officer until a permanent Chief Financial Officer is appointed.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John Delta was appointed as Interim Chief Financial Officer at Motorsport Games Inc..

Action: engaged
Role: Interim Chief Financial Officer

Exact text from the filing

it has engaged John Delta, 60, as the Company's part-time Interim Chief Financial Officer until a permanent Chief Financial Officer is appointed.

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Source: SEC EDGAR

accession 0001493152-22-028470

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