Motorsport Games Files 8-K on Exit Costs
Ticker: MSGM · Form: 8-K · Filed: Oct 4, 2024 · CIK: 1821175
Sentiment: neutral
Topics: 8-K, exit-costs, regulation-fd
TL;DR
Motorsport Games is filing an 8-K about exit costs and other events.
AI Summary
On October 3, 2024, Motorsport Games Inc. filed an 8-K report detailing costs associated with exit or disposal activities. The filing also included Regulation FD disclosures and other events, along with financial statements and exhibits. The company, incorporated in Delaware, is headquartered in Miami, Florida.
Why It Matters
This filing indicates potential restructuring or divestiture activities within Motorsport Games Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Filings related to exit or disposal activities can signal financial distress or significant strategic shifts, warranting closer investor scrutiny.
Key Players & Entities
- Motorsport Games Inc. (company) — Registrant
- October 3, 2024 (date) — Date of earliest event reported
- Miami, FL (location) — Principal executive offices location
- Delaware (location) — State of incorporation
FAQ
What specific exit or disposal activities are being reported by Motorsport Games Inc.?
The filing indicates costs associated with exit or disposal activities, but the specific details of these activities are not provided in the provided text.
What is the nature of the Regulation FD disclosure mentioned in the filing?
The filing mentions a Regulation FD Disclosure as an item of information, but the content of this disclosure is not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on October 3, 2024.
Where are the principal executive offices of Motorsport Games Inc. located?
The principal executive offices of Motorsport Games Inc. are located at 5972 NE 4th Avenue, Miami, FL 33137.
What is the Commission File Number for Motorsport Games Inc.?
The Commission File Number for Motorsport Games Inc. is 001-39868.
Filing Stats: 1,417 words · 6 min read · ~5 pages · Grade level 14.2 · Accepted 2024-10-04 17:00:28
Key Financial Figures
- $0.0001 — hich registered Class A common stock, $0.0001 par value per share MSGM The Nasdaq
- $0.2 million — e and redundancy costs of approximately $0.2 million. The Company expects to recognize and p
Filing Documents
- form8-k.htm (8-K) — 47KB
- ex99-1.htm (EX-99.1) — 20KB
- 0001493152-24-039552.txt ( ) — 248KB
- msgm-20241003.xsd (EX-101.SCH) — 3KB
- msgm-20241003_lab.xml (EX-101.LAB) — 33KB
- msgm-20241003_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Motorsport Games Inc. Date: October 4, 2024 By: /s/ Stephen Hood Stephen Hood Chief Executive Officer and President 3