---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-005062"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:24:05.482126+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games gets Nasdaq extension until May 15, 2024 to meet minimum $2.5M equity requirement

## Summary
- Nasdaq granted extension to May 15, 2024 to comply with Listing Rule 5550(b)(1) requiring $2,500,000 stockholders' equity.
- Company previously disclosed deficiency on Nov 22, 2023; failure to comply by May 15 could lead to delisting.
- Company plans equity financing and reduction of licensing liabilities to regain compliance.
- If compliance not shown by June 30, 2024 periodic filing, delisting may occur.

## SEC filing metadata
- accession: 0001493152-24-005062
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000149315224005062/0001493152-24-005062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000149315224005062/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-005062
- JSON: https://secwatch.observer/filing/0001493152-24-005062.json
- Plain text: https://secwatch.observer/filing/0001493152-24-005062.txt

## Key facts
- Listing & Compliance Notices
  Motorsport Games Inc. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: February 5, 2024, the Nasdaq Stock Market LLC (“Nasdaq”) notified Motorsport Games Inc. (the “Company”) that, based on Nasdaq’s review of the Company and the materials submitted by the Company to Nasdaq, Nasdaq’s staff has determined to grant the Company an extension to regain compliance with Nasdaq’s minimum $2,500,000 stockholders’ equity requirement set forth in Listing Rule 5550(b)(1) (the “NCM Equity Rule”), until May 15, 2024, subject to the Company’s regaining and evidencing compliance with the NCM Equity Rule by such date. The deficiency with respect to the Company’s compliance with th
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821175/000149315224005062/0001493152-24-005062-index.htm

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