Motorsport Games receives Nasdaq deficiency notice for low stockholders' equity

Motorsport Games Inc.

Stockholders' equity of $2,170,911 as of Sept 30, 2024, below Nasdaq's $2,500,000 minimum.
Must submit compliance plan by Jan 6, 2025; Nasdaq may grant up to 180-day extension.
Also fails alternate standards: market value ($35M) or net income ($500K) criteria.
No immediate delisting; Class A common stock continues trading on Nasdaq Capital Market.
Considering equity/debt financing to regain compliance, but no assurance of success.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.