Motorsport Games announces $1M registered direct offering of 460,830 shares at $2.17

Motorsport Games Inc.

Gross proceeds of ~$1M from sale of 460,830 shares (or pre-funded warrants) at $2.17 per share.
Concurrent private placement of Series A and B warrants exercisable after stockholder approval at $2.17.
H.C. Wainwright acting as exclusive placement agent; 7% cash fee plus 27,650 placement agent warrants.
Net proceeds to be used for working capital and general corporate purposes.
Closing expected on or about July 29, 2024, subject to customary conditions.

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