secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2022-10-14T23:59:59+00:00
Accession:  0001493152-22-028470
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315222028470/0001493152-22-028470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315222028470/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-028470

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