Motorsport Games Files 8-K on Director Changes
Ticker: MSGM · Form: 8-K · Filed: Sep 5, 2025 · CIK: 1821175
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing-update
Related Tickers: MSGM
TL;DR
MSGM board shakeup and comp changes filed. Check the details.
AI Summary
On August 29, 2025, Motorsport Games Inc. filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing also includes financial statements and exhibits, though specific financial figures or new appointments are not detailed in the provided text.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — The filing indicates changes in corporate governance and executive compensation, which can introduce uncertainty.
Key Players & Entities
- Motorsport Games Inc. (company) — Registrant
- August 29, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 3350 SW 148th Avenue, Suite 207 Miramar, FL 33027 (address) — Address of principal executive offices
- (305) 413 (phone_number) — Registrant's telephone number
FAQ
What specific changes were made to the board of directors?
The filing indicates changes in directors, but the specific names and details of these changes are not provided in the excerpt.
What are the details of the new compensatory arrangements for officers?
The filing mentions compensatory arrangements of certain officers, but the specific terms and amounts are not detailed in the provided text.
What is the primary reason for this 8-K filing?
The primary reasons for this 8-K filing are the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on August 29, 2025.
What is the principal executive office address of Motorsport Games Inc.?
The principal executive office address is 3350 SW 148th Avenue, Suite 207 Miramar, FL 33027.
Filing Stats: 1,273 words · 5 min read · ~4 pages · Grade level 17.6 · Accepted 2025-09-05 16:37:16
Key Financial Figures
- $0.0001 — hich registered Class A common stock, $0.0001 par value per share MSGM The Nasdaq
- $485,000 — r's annual base salary was increased to $485,000, and the Chief Financial Officer's annu
- $300,000 — r's annual base salary was increased to $300,000; and (2) a catch-up bonus for 2024, wil
- $50,000 — hief Executive Officer in the amount of $50,000 and to the Chief Financial Officer in t
- $30,000 — hief Financial Officer in the amount of $30,000. In addition, the Compensation Committe
- $25,000 — ash retainer for each Board member from $25,000 to $40,000; (3) the annual compensation
- $40,000 — r for each Board member from $25,000 to $40,000; (3) the annual compensation for Commit
- $20,000 — ill be as follows: (i) Audit Committee ($20,000); (ii) Compensation Committee ($15,000)
- $15,000 — ($20,000); (ii) Compensation Committee ($15,000); and Nominating and Corporate Governan
- $10,000 — ing and Corporate Governance Committee ($10,000); (4) the annual compensation for membe
- $8,000 — d will be: (i) Audit Committee Members ($8,000); (ii) Compensation Committee Members (
- $5,000 — ); (ii) Compensation Committee Members ($5,000); and (iii) Nominating and Corporate Go
- $2,500 — Corporate Governance Committee Members ($2,500); (5) the annual compensation for the C
- $75,000 — 's Class A common stock that will equal $75,000 divided by the closing trading price of
Filing Documents
- form8-k.htm (8-K) — 47KB
- 0001493152-25-012742.txt ( ) — 214KB
- msgm-20250829.xsd (EX-101.SCH) — 3KB
- msgm-20250829_lab.xml (EX-101.LAB) — 33KB
- msgm-20250829_pre.xml (EX-101.PRE) — 22KB
- 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: September 5, 2025 By: /s/ Stephen Hood Stephen Hood Chief Executive Officer and President 3