---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032208"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:03:27.521717+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games loses three independent directors; faces Nasdaq delisting for board composition and share count

## Summary
- Three independent directors (Anderson, Moore, Piovanetti) resigned Nov 9, 2022, citing disagreement with majority stockholder MSN over capital raising proposals.
- Company notified Nasdaq of non-compliance with Rule 5605(b)(1) (independent board majority) and Rule 5605(c)(2) (audit committee composition).
- Also non-compliant with minimum 500,000 publicly held shares (Rule 5550(a)(4)); received deficiency letter with plan deadline Dec 29, 2022.
- John Delta (former interim CFO) appointed to board and audit committee; Dmitry Kozko named interim CFO effective Nov 9, 2022.
- Company plans to issue additional shares to non-affiliates to regain compliance; no assurance of success.

## SEC filing metadata
- accession: 0001493152-22-032208
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032208
- JSON: https://secwatch.observer/filing/0001493152-22-032208.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032208.txt

## Key facts
- Executive change
  Dmitry Kozko was appointed as Interim Chief Financial Officer at Motorsport Games Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: Dmitry Kozko was appointed to the Company's Interim Chief Financial Officer, as well as the Company's Principal Financial Officer and Principal Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- Executive change
  James Allen resigned as Director at Motorsport Games Inc..
  - Action: resigned
  - Role: Director
  source text: On November 9, 2022, James Allen, a member of the Board, notified the Board of his resignation from the Board, effective immediately, not over a disagreement with the Company on any matter relating to the Company's operations, policies or practices, but so that, given the resignations of the above directors, a new board can be appointed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- Executive change
  Peter Moore resigned as Independent Director at Motorsport Games Inc..
  - Action: resigned
  - Role: Independent Director
  source text: Neil Anderson and Peter Moore, the independent members of the Board and the Audit Committee of the Board, notified the Board of their resignations from the Board, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- Executive change
  John Delta resigned as Interim Chief Financial Officer at Motorsport Games Inc..
  - Action: resigned
  - Role: Interim Chief Financial Officer
  source text: John Delta, the Company's Interim Chief Financial Officer, resigned, effective November 9, 2022, such position
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- Executive change
  Francesco Piovanetti resigned as Independent Director at Motorsport Games Inc..
  - Action: resigned
  - Role: Independent Director
  source text: On November 9, 2022, Francesco Piovanetti, the independent member of the Board and the Audit Committee of the Board, notified the Board of his resignations from the Board, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- Executive change
  Neil Anderson resigned as Independent Director at Motorsport Games Inc..
  - Action: resigned
  - Role: Independent Director
  source text: Neil Anderson and Peter Moore, the independent members of the Board and the Audit Committee of the Board, notified the Board of their resignations from the Board, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm
- Executive change
  John Delta was appointed as Director at Motorsport Games Inc..
  - Action: appointed
  - Role: Director
  source text: was appointed to the Company's Board of Directors and its Audit Committee
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315222032208/0001493152-22-032208-index.htm

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