secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001493152-22-031215
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 3.03, 5.07, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/0001493152-22-031215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315222031215/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031215

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer