Highest-materiality recent filing
Motorsport Games Q2 revenue up 36.6% to $3.5M; sixth straight profitable quarter
Q2 2026 revenue $3.5M vs $2.6M YoY (+36.6%); H1 revenue $7.6M, up 74.0%.
Motorsport Games amends Bylaws to enhance advance notice requirements and meeting procedures
Board granted broad authority to set meeting rules, limit attendance, and restrict recording devices at stockholder meetings.
Motorsport Games adopts limited-duration stockholder rights plan with 12.5% trigger
Rights plan effective immediately, expires July 20, 2027; dividend of one right per share of Class A common stock.
Motorsport Games appoints CEO Stephen Hood to Board; Board expanded to five
Board size increased to five directors; Stephen Hood appointed as Class II director effective June 25, 2026.
Peter Hansen-Chambers appointed CFO effective July 1, 2026; previously Executive Advisor; 20 yrs video games experience; oversaw sale of Hutch to MTG for >$275M.
Motorsport Games amends credit agreement with Citibank, extends note maturity to 2028
Amendment modifies Fixed Charge Coverage Ratio by adding cash interest expenses to denominator.
Motorsport Games eliminates stockholder written consent; board gets simpler bylaw amendment power
Effective May 24, 2026, Charter Amendment removes right to act by written consent; all stockholder actions must occur at meetings.
Revenue $4.0M, up 129% YoY; gross profit margin 87.2% vs 73.5%.
Stockholders approved exercise of Warrants issued July 29, 2024; Warrants exercisable from April 23, 2026.
Company bought 904,395 Class A shares at $4.11 avg closing price; all 700K Class B shares cancelled.
Motorsport Games annual meeting adjourned for lack of quorum
Annual meeting reconvened April 21 but adjourned without business due to insufficient shares for quorum.
Motorsport Games adjourns annual meeting to April 21 due to lack of quorum
Annual meeting convened April 17, 2026, adjourned without business due to insufficient quorum.
Motorsport Games enters new employment agreements with CEO and CFO
CEO Stephen Hood receives GBP 378,000 base salary, target cash bonus of 50% of base.
Motorsport Games posts FY2025 net income $6.8M ($1.43/share) vs loss $3.0M in FY2024
Revenue $11.3M (+30% YoY); Le Mans Ultimate DLC drove gaming segment growth.
Motorsport Games secures $3M revolving credit line from Citibank due Feb 2027
Credit agreement with Citibank for up to $3.0 million revolving line of credit.
Motorsport Games reports Q3 net income of $0.8M; revenue up 71.9% YoY to $3.1M
Revenue $3.1M (Q3 2025) vs $1.8M (Q3 2024); net income $0.8M vs net loss $0.6M.
Shareholders reject warrant exercise and adjournment proposals at special meeting
Proposal to exercise warrants for 949,310 shares of Class A common stock defeated: 136,285 for, 8,498,874 against.
Motorsport Games raises CEO salary to $485k, CFO to $300k; approves 2025 bonus metrics
CEO base salary increased to $485,000 and CFO to $300,000, effective September 1, 2025.
Motorsport Games Q2 2025 net income $4.3M, revenue up 37.7% YoY; Adjusted EBITDA turns positive
Net income attributable to MSGM of $4.3M (EPS $0.82) vs $2.1M (EPS $0.77) YoY, up 102%.
Wesco Insurance agrees to pay $800,000 to Driven Lifestyle (majority shareholder) within 30 days.
Motorsport Games Q1 net income $1.0M; revenue down 42%; adjusted EBITDA positive
Net income of $1.0M ($0.33/share) vs net loss of $1.7M ($0.61 loss) in Q1 2024.
Motorsport Games shareholders reject equity plan increase and warrant exercise at annual meeting
Elected directors Andrew P. Jacobson and Navtej Singh Sunner with ~8.6M votes each.
Motorsport Games appoints Guoquan (Paul) Huang to board of directors
Guoquan (Paul) Huang appointed as Class II director, effective April 16, 2025.
Motorsport Games regains Nasdaq equity compliance; prior listing deficiency resolved
Received Nasdaq letter on April 15, 2025 confirming compliance with stockholders' equity requirement (Nasdaq Rule 5550(b)(1)).
Gross proceeds $2.5M from sale of 1,894,892 shares and pre-funded warrants at $1.10/share (33% premium to April 10 close).
Motorsport Games settles litigation with Innovate 2 Corp. for $500,000
Innovate agrees to pay Motorsport Games $500K; $300K due by March 31, 2025.
Motorsport Games Q4 rev $2M (+13% YoY); FY net loss improves to $3.0M; going concern warning
Revenue Q4 2024 $2.0M (+13% YoY); FY 2024 rev $8.7M (+25.7% YoY) driven by Le Mans Ultimate sales.
Motorsport Games gets Nasdaq extension to April 14, 2025, to meet $2.5M equity rule
Nasdaq granted extension until April 14, 2025, to comply with minimum $2,500,000 stockholders' equity requirement (NCM Equity Rule).
Motorsport Games wins summary judgment in Delaware lawsuit; counterclaim upheld
U.S. District Court for Delaware granted summary judgment for Motorsport Games and co-defendants on all counts by Innovate 2 Corp.
Motorsport Games settles Studio397 acquisition dispute for $750,000
Resolved disputes over deferred payments from April 2021 Studio397 acquisition.
Motorsport Games reports preliminary FY2024 revenue $8.5-8.8M; net loss narrows to $2.6-3.0M
Preliminary Q4 2024 revenue $1.8-2.1M vs $1.7M in Q4 2023; FY2024 revenue $8.5-8.8M vs $6.9M in FY2023.
Motorsport Games dismisses Grant Thornton, engages Grassi & Co. as auditor
Audit Committee approved Grassi & Co. as new independent auditor for FY 2024, effective Dec 4, 2024.
Motorsport Games receives Nasdaq deficiency notice for low stockholders' equity
Stockholders' equity of $2,170,911 as of Sept 30, 2024, below Nasdaq's $2,500,000 minimum.
Motorsport Games reports near-breakeven Q3 2024, warns cash insufficient for next year
Net income attributable to Motorsport Games of $0.01M vs net loss of $3.6M in Q3 2023.
Motorsport Games stockholders reject warrant exercise proposal at Oct 25 special meeting
Proposal to approve exercise of warrants for up to 949,310 shares of Class A common stock failed: 210,069 for, 8,524,301 against.
Motorsport Games cuts 39% of staff, explores sale or merger, seeks funding for console expansion
Reduces workforce by ~24 employees/contractors (~39% of global staff); expects $0.2M restructuring charge in Q4 2024.
Motorsport Games reports Q2 net income of $2.1M; warns cash insufficient for next year
Revenue $1.9M (+8.2% YoY); net income $2.1M vs loss $8.2M; EPS $0.87 vs loss $3.04.
Motorsport Games announces $1M registered direct offering of 460,830 shares at $2.17
Gross proceeds of ~$1M from sale of 460,830 shares (or pre-funded warrants) at $2.17 per share.
Motorsport Games expects Q2 net income of $1.6M-$1.8M vs prior year loss of $8.2M
Anticipated net income of $1.6M-$1.8M for Q2 2024 vs net loss of $8.2M in Q2 2023.
MSGM stockholders elect John Delta as Class II director, ratify Grant Thornton as auditor
John Delta elected as Class II director with 7,046,715 votes for and 36,324 withheld; term expires at 2026 annual meeting.
Motorsport Games regains Nasdaq minimum equity compliance; warning for future filings
Nasdaq notified Motorsport Games on June 3, 2024 that it meets the $2.5M minimum stockholders' equity threshold under Rule 5550(b)(1).
Motorsport Games settles INDYCAR dispute for $400k, gains equity to cure Nasdaq deficiency
Settled ~$2.9M INDYCAR liabilities for $400k cash ($250k paid on May 17, $150k by May 20); ~$2.5M gain added to stockholders' equity.
Motorsport Games appoints Stanley Beckley as permanent CFO
Stanley Beckley, 42, appointed CFO effective May 16, 2024; previously served as Interim CFO since Nov 8, 2023.
Revenue of $3.0M (up 75.2% YoY); gross margin 78.0% vs 27.8% in prior year.
Motorsport Games sells Traxion community platform assets for $250K to Traxion.GG
Total consideration $250K: $200K cash at closing plus $50K in marketing services through Dec 2026.
Motorsport Games settles BTCC dispute for $225K; enters new non-exclusive license with 50% royalty
Settlement resolves $850K royalty dispute with TOCA; Company pays $225K one-time, all claims released.
Motorsport Games reports Q4 net income on NASCAR license gain but warns cash insufficient for 2024
Q4 2023 revenue $1.7M, down 53.7% YoY; net income $2.7M vs loss $4.8M due to $3.0M gain on NASCAR license sale.
Motorsport Games gets Nasdaq extension until May 15, 2024 to meet minimum $2.5M equity requirement
Nasdaq granted extension to May 15, 2024 to comply with Listing Rule 5550(b)(1) requiring $2,500,000 stockholders' equity.
Motorsport Games grants CEO Stephen Hood 46,000 share option with immediate and quarterly vesting
Option to purchase 46,000 shares of Class A common stock granted to CEO Stephen Hood under 2021 Equity Incentive Plan.
Motorsport Games gets Nasdaq deficiency letter; equity of $498,897 fails $2.5M minimum
Stockholders' equity reported as $498,897 as of Sept 30, 2023, below Nasdaq's $2.5M minimum for continued listing.
Stanley Beckley, who currently serves as Chief Financial Officer, was appointed to the position of Chief Accounting and Compliance Officer.
On June 16, 2026, the Company’s Board of Directors appointed Peter Hansen-Chambers as its new Chief Financial Officer
On April 10, 2025, the Board appointed Guoquan (Paul) Huang to serve on the board of directors, effective upon the closing of the Private Placement and the satisfactory completion of a background check, as a Class II director for a term expiring at the 2026 annual meeting of stockholders and until his successor is elected and qualified or until his earlier death, resignation or removal or as otherwise provided in the bylaws of the Company.
On April 10, 2025, the Board appointed Guoquan (Paul) Huang to serve on the board of directors, effective upon the closing of the Private Placement and the satisfactory completion of a background check, as a Class II director for a term expiring at the 2026 annual meeting of stockholders and until his successor is elected and qualified or until his earlier death, resignation or removal or as otherwise provided in the bylaws of the Company.
appointed Stanley Beckley, 42, currently the Company’s Interim Chief Financial Officer, to serve as the Company’s Chief Financial Officer (“CFO”) on a permanent basis.
the board of directors of the Company appointed Stephen Hood as the Company’s new CEO and President effective April 19, 2023.
Effective March 20, 2023, Dmitry Kozko, the Company’s Chief Executive Officer and Interim Chief Financial Officer, resigned as Company’s Interim Chief Financial Officer
immediately thereafter, effective March 20, 2023, Jason Potter was appointed as the Company’s Chief Financial Officer, as well as the Company’s Principal Financial Officer and Principal Accounting Officer.
Effective January 12, 2023, Navtej Singh Sunner was appointed to the Company’s Board of Directors to fill the vacancy from prior independent directors’ resignation.
Effective December 23, 2022, Andrew P. Jacobson was appointed to the Company’s Board of Directors to fill the vacancy from prior independent directors’ resignation.
Dmitry Kozko was appointed to the Company's Interim Chief Financial Officer, as well as the Company's Principal Financial Officer and Principal Accounting Officer.
On November 9, 2022, James Allen, a member of the Board, notified the Board of his resignation from the Board, effective immediately, not over a disagreement with the Company on any matter relating to the Company's operations, policies or practices, but so that, given the resignations of the above directors, a new board can be appointed.
Max materiality 0.85 · Median 0.60 · Most common event other_material