---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031215"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:38:29.111941+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games completes 1-for-10 reverse stock split and adopts written consent amendments

## Summary
- Shareholders approved 1-for-10 reverse stock split effective Nov. 10, reducing Class A shares from ~11.67M to ~1.17M and Class B from 7M to 700k.
- Board amended certificate of incorporation and bylaws to allow stockholder action by written consent.
- 2021 Equity Incentive Plan adjusted authorized shares from 1M to 100k and outstanding options from ~822k to ~82k.
- Press releases issued Nov 9 and Nov 10 detailing the reverse split and new CUSIP 62011B 201.

## SEC filing metadata
- accession: 0001493152-22-031215
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.03, 5.07, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031215
- JSON: https://secwatch.observer/filing/0001493152-22-031215.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031215.txt

## Key facts
- Governance Changes
  Motorsport Games Inc.: Amended certificate of incorporation to effect a 1-for-10 reverse stock split and allow stockholder action by written consent (effective 2022-11-10).
  - Change: charter amendment
  - Effective: 2022-11-10
  source text: On November 9, 2022, the Company filed the Certificate of Amendment to its Certificate of Incorporation (the “Certificate of Amendment”), with the Secretary of State of the State of Delaware to: (i) effect the Reverse Stock Split at the ratio of 1-for-10, which became effective as of 12:01 a.m., EST on November 10, 2022; and (ii) allow any action required or permitted to be taken by the Company’s stockholders be effected by written consent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm
- Governance Changes
  Motorsport Games Inc.: Amended bylaws to allow stockholder action by written consent (effective 2022-11-09).
  - Change: bylaw amendment
  - Effective: 2022-11-09
  source text: On November 9, 2022, following stockholder approval, the Company executed the Bylaws Amendment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm
- Shareholder Votes
  Motorsport Games Inc. shareholders approved Amendment to Certificate of Incorporation to allow actions by written consent at the 2022-11-09 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2022-11-09
  source text: (b) a proposal to amend to the Company’s Certificate of Incorporation to allow any action required or permitted to be taken by the Company’s stockholders be effected by written consent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm
- Shareholder Votes
  Motorsport Games Inc. shareholders approved Reverse stock split at the 2022-11-09 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2022-11-09
  source text: stockholders, by an affirmative vote of at least a majority of the Company’s issued and outstanding shares of each of Class A and Class B of the Company’s common stock, approved: (a) a proposal authorizing the Company’s board of directors (the “Board”), in its discretion, to effect a reverse stock split
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm
- Shareholder Votes
  Motorsport Games Inc. shareholders approved Amendment to Bylaws to allow actions by written consent at the 2022-11-09 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2022-11-09
  source text: (c) a proposal to amend the Company’s Bylaws to allow any action required or permitted to be taken by the Company’s stockholders be effected by written consent (the “Bylaws Amendment”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.