---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-003633"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:16:47.386524+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games announces $4.03M registered direct offering of 232,188 shares at $17.39

## Summary
- Gross proceeds ~$4.03M from sale of 232,188 shares of Class A common stock at $17.39/share.
- Closing expected on or about February 7, 2023; H.C. Wainwright acting as placement agent.
- Proceeds to fund game development, working capital, and general corporate purposes.
- Shares offered under existing effective S-3 registration statement (File No. 333-262462).
- Wainwright to receive 7% cash fee plus warrants for 13,931 shares at $21.738 per share.

## SEC filing metadata
- accession: 0001493152-23-003633
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000149315223003633/0001493152-23-003633-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000149315223003633/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-003633
- JSON: https://secwatch.observer/filing/0001493152-23-003633.json
- Plain text: https://secwatch.observer/filing/0001493152-23-003633.txt

## Key facts
- Material Agreements
  Motorsport Games Inc. entered into Purchase Agreement with the Purchasers valued at approximately $4.03 million (effective 2023-02-03).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the Purchasers
  - Value: approximately $4.03 million
  - Effective: 2023-02-03
  source text: On February 3, 2023, Motorsport Games Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with the purchasers listed on the signature pages thereto (the “Purchasers”), pursuant to which the Company agreed to issue and sell to the Purchasers an aggregate of 232,188 shares (the “Registered Shares”) of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in a registered direct offering priced at-the-market under Nasdaq rules (the “Offering”) for a purchase price of $17.39 per Registered Share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315223003633/0001493152-23-003633-index.htm

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