other material
confidence high
sentiment neutral
materiality 0.15
Motorsport Games shareholders reject equity plan increase and warrant exercise at annual meeting
Motorsport Games Inc.
- Elected directors Andrew P. Jacobson and Navtej Singh Sunner with ~8.6M votes each.
- Proposal to increase equity plan shares from 100k to 300k rejected (165k for, 8.5M against).
- Proposal to authorize July 2024 warrant exercise (949,310 shares) rejected (185k for, 8.5M against).
- Ratification of Grassi & Co. as auditor for FY2025 approved (>9.1M for).
- Adjournment proposal approved but not used; votes on key items split along Class A/B lines.