Motorsport Games regains Nasdaq minimum equity compliance; warning for future filings

Motorsport Games Inc.

Nasdaq notified Motorsport Games on June 3, 2024 that it meets the $2.5M minimum stockholders' equity threshold under Rule 5550(b)(1).
Company had been out of compliance since Nov 17, 2023; now has cured that deficiency.
If the next periodic report (Q2 2024) fails to show compliance, delisting proceedings may resume.
Company remains subject to ongoing listing requirements and may need further equity financing.

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