secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001493152-23-003633
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315223003633/0001493152-23-003633-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315223003633/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-003633

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