secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2023-03-20T23:59:59+00:00
Accession:  0001493152-23-008187
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Motorsport Games appoints Jason Potter as CFO; CEO Kozko gets $50K bonus
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- CEO Dmitry Kozko receives $50K cash bonus for raising $11.3M in equity and retiring $4M in debt via debt-for-equity.
- Kozko resigns as Interim CFO effective March 20, 2023; remains CEO.
- Jason Potter appointed CFO, Principal Financial and Accounting Officer; annual salary $230K plus $20K bonus potential.
- Potter previously served as Chief Accounting Officer under shared service agreement with majority owner Motorsport Network.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315223008187/0001493152-23-008187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315223008187/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-008187

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