Recent 8-K filings for MSGM

• May 26, 2026, 4:05 PM ET other material materiality 0.60 negative item 3.03item 5.03item 9.01 ◈ Governance Changes ×2

  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.

• May 13, 2026, 4:10 PM ET earnings materiality 0.70 positive item 2.02item 7.01item 9.01

  Motorsport Games Q1 revenue doubles to $4.0M; net income $1.0M; repurchased shares from Driven Lifestyle

  Revenue $4.0M, up 129% YoY; gross profit margin 87.2% vs 73.5%.

• April 23, 2026, 7:59 PM ET other material materiality 0.80 neutral item 1.01item 2.01item 3.03item 5.01item 5.02item 5.03item 5.07item 9.01 ◈ Governance Changes ×2◈ M&A Transactions◈ Material Agreements

  Motorsport Games repurchases 904,395 shares from Driven Lifestyle, cancels Class B shares, changes control

  Company bought 904,395 Class A shares at $4.11 avg closing price; all 700K Class B shares cancelled.

• March 10, 2026, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 7.01item 9.01

  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.

• November 6, 2025, 6:59 PM ET earnings materiality 0.70 positive item 2.02item 7.01item 9.01

  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.

• August 13, 2025, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 7.01item 9.01

  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%.

• June 6, 2025, 7:59 PM ET litigation materiality 0.60 positive item 8.01

  Motorsport Games: Wesco insurance coverage lawsuit settled with $800K payment to majority shareholder

  Wesco Insurance agrees to pay $800,000 to Driven Lifestyle (majority shareholder) within 30 days.

• May 9, 2025, 7:59 PM ET earnings materiality 0.65 neutral item 2.02item 7.01item 9.01

  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.

• April 17, 2025, 7:59 PM ET regulatory materiality 0.65 positive item 3.01item 7.01item 9.01

  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)).

• April 14, 2025, 7:59 PM ET other material materiality 0.75 positive item 1.01item 3.01item 3.02item 5.02item 5.07item 9.01 ◈ executive_change

  Motorsport Games raises $2.5M private placement; expects to regain Nasdaq compliance for equity deficiency

  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).

• April 1, 2025, 7:59 PM ET litigation materiality 0.60 neutral item 8.01

  Motorsport Games settles litigation with Innovate 2 Corp. for $500,000

  Innovate agrees to pay Motorsport Games $500K; $300K due by March 31, 2025.

• March 20, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 7.01item 9.01

  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.

• March 7, 2025, 6:59 PM ET regulatory materiality 0.65 negative item 3.01

  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).

• February 28, 2025, 6:59 PM ET litigation materiality 0.70 positive item 8.01

  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.

• February 26, 2025, 6:59 PM ET other material materiality 0.60 neutral item 1.01item 9.01

  Motorsport Games settles Studio397 acquisition dispute for $750,000

  Resolved disputes over deferred payments from April 2021 Studio397 acquisition.

• February 4, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 8.01item 9.01

  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.

• December 6, 2024, 6:59 PM ET other material materiality 0.60 neutral item 4.01item 9.01

  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.

• November 22, 2024, 6:59 PM ET regulatory materiality 0.72 negative item 3.01

  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.

• November 14, 2024, 6:59 PM ET earnings materiality 0.85 negative item 2.02item 7.01item 9.01

  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.

• October 4, 2024, 7:59 PM ET other material materiality 0.75 negative item 2.05item 7.01item 8.01item 9.01

  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.

• August 9, 2024, 7:59 PM ET earnings materiality 0.80 neutral item 2.02item 7.01item 9.01

  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.

• July 29, 2024, 7:59 PM ET other material materiality 0.60 neutral item 1.01item 3.02item 8.01item 9.01

  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.

• July 10, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 8.01item 9.01

  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.

• June 5, 2024, 7:59 PM ET regulatory materiality 0.60 positive item 3.01

  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).

• May 23, 2024, 7:59 PM ET regulatory materiality 0.80 positive item 1.01item 3.01item 9.01

  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.

• May 7, 2024, 7:59 PM ET earnings materiality 0.80 negative item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Motorsport Games Q1 revenue $3.0M, net loss narrows to $1.7M; warns cash insufficient for next 12 months

  Revenue of $3.0M (up 75.2% YoY); gross margin 78.0% vs 27.8% in prior year.

• April 18, 2024, 7:59 PM ET other material materiality 0.65 neutral item 1.01item 9.01 ◈ Material Agreements ×2

  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.

• April 1, 2024, 7:59 PM ET earnings materiality 0.85 negative item 2.02item 7.01item 9.01 ◈ Earnings Releases ×2

  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.

• February 6, 2024, 6:59 PM ET regulatory materiality 0.85 negative item 3.01 ◈ Listing & Compliance Notices

  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.

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.85 · Median 0.65 · Most common event other_material

12 positive 11 negative 19 neutral

source · MSGM on sec.gov