Formula E

Motorsport Games Regains Compliance With Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Tuesday, November 29, 2022

MIAMI, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games or Company), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on November 28, 2022 informing Motorsport Games Inc. that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on The Nasdaq Capital Market.

Key Points: 
  • MIAMI, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games or Company), a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today that it has received notice from the Nasdaq Stock Market LLC (Nasdaq) on November 28, 2022 informing Motorsport Games Inc. that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on The Nasdaq Capital Market.
  • Motorsport Games was previously notified by Nasdaq on June 6, 2022 that it was not in compliance with the minimum bid price rule because its Class A common stock failed to meet the closing bid price of $1.00 or more for 30 consecutive business days.
  • As previously disclosed in Motorsport Games current report on Form 8-K filed with the Securities and Exchange Commission on November 14, 2022, Motorsport Games received the notification form The NASDAQ Stock Market that Motorsport Games no longer complies with Nasdaqs audit committee requirement under Rule 5605 and the minimum of 500,000 publicly held shares requirement under Rule 5550(a)(4).
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.

Stars ready to respect the Sebring bumps

Retrieved on: 
Tuesday, November 29, 2022

With a full field of 40 cars, the complete roster for the 500 Mile-event (approximately 4 hours) can be found HERE .

Key Points: 
  • With a full field of 40 cars, the complete roster for the 500 Mile-event (approximately 4 hours) can be found HERE .
  • There is all to play for in each of the two categories and endurance esports laurels at stake together with the US$ 250 000 prize pool.
  • The race takes place on the technically tricky and virtually bumpy Sebring International Raceway, and full, uninterrupted coverage will begin from 12:30 pm (GMT / 7:30 am ET) on Saturday, December 3.
  • It is possible that the information we post on our websites, social media and blogs could be deemed to be material information.

Motorsport Games Reports Third Quarter 2022 Financial Results

Retrieved on: 
Friday, November 18, 2022

Alternatively, participants may access the live webcast on the Motorsport Games Investor Relations website at https://ir.motorsportgames.com under Events.

Key Points: 
  • Alternatively, participants may access the live webcast on the Motorsport Games Investor Relations website at https://ir.motorsportgames.com under Events.
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.
  • Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make the joy of racing accessible to everyone.
  • Factors other than those referred to above could also cause Motorsport Games results to differ materially from expected results.

Motorsport Games to Report Third Quarter 2022 Financial Results

Retrieved on: 
Tuesday, November 15, 2022

MIAMI, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world will report financial results for the third quarter ended September 30, 2022 on Friday, November 18, 2022, after market close.

Key Points: 
  • MIAMI, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world will report financial results for the third quarter ended September 30, 2022 on Friday, November 18, 2022, after market close.
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.
  • Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make the joy of racing accessible to everyone.
  • Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure and every story inspires.

Motorsport Games Announces Completion of Previously Announced 1-for-10 Reverse Stock Split

Retrieved on: 
Thursday, November 10, 2022

MIAMI, Nov. 10, 2022 (GLOBE NEWSWIRE) -- As previously announced, Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games or the Company) confirmed today that the 1-for-10 reverse stock split of the Companys Class A and Class B common stock became effective as of 12:01 a.m. EST on November 10, 2022 (the Effective Time).

Key Points: 
  • MIAMI, Nov. 10, 2022 (GLOBE NEWSWIRE) -- As previously announced, Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games or the Company) confirmed today that the 1-for-10 reverse stock split of the Companys Class A and Class B common stock became effective as of 12:01 a.m. EST on November 10, 2022 (the Effective Time).
  • Motorsport Games effected the reverse stock split by filing a charter amendment with the Delaware Secretary of State.
  • The same 1-for-10 reverse stock split ratio was used to effect the reverse stock split of both Motorsport Games Class A and Class B common stock, and accordingly, all stockholders were affected proportionately.
  • The reverse stock split reduced the Companys issued and outstanding shares of common stock from approximately 11,673,587 shares of Class A common stock and 7,000,000 shares of Class B common stock to approximately 1,167,358 and 700,000 shares, respectively.

Motorsport Games Postpones Third Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Wednesday, November 9, 2022

MIAMI, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced that it is postponing its earnings release and conference call for the third quarter ended September 30, 2022, previously scheduled for November 10, 2022.

Key Points: 
  • MIAMI, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced that it is postponing its earnings release and conference call for the third quarter ended September 30, 2022, previously scheduled for November 10, 2022.
  • The Company will issue a press release announcing the new date and time for the postponed earnings call.
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.
  • Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make the joy of racing accessible to everyone.

Motorsport Games Announces Content Update For rFactor 2

Retrieved on: 
Monday, November 7, 2022

MIAMI, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today a content update to rFactor 2, one of the most authentic sim racing platforms available to racers around the world.

Key Points: 
  • MIAMI, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announced today a content update to rFactor 2, one of the most authentic sim racing platforms available to racers around the world.
  • This quarters content update contains new cars for users to experience behind the wheel.
  • Following the partnership between the British Touring Car Championship (BTCC), Motorsport Games and Studio 397, a fifth real world car will be part of the roster the BMW 330i M Sport NGTC BTCC ( trailer here ).
  • The pricing breakdown for the newly released content is as follows:
    Includes: BMW 330i M Sport BTCC, Vanwall Vandervell LMH, Bahrain International Circuit, Croft Circuit, Thruxton Circuit, ExCeL London Circuit

Stars Come Out for the 6 Hours of Spa Round of the Le Mans Virtual Series by Motorsport Games

Retrieved on: 
Wednesday, November 2, 2022

MIAMI, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”) announces today that Round 3 of the Le Mans Virtual Series descends on the track for the 6 Hours of Spa. The legendary Circuit de Spa-Francorchamps in Belgium has long been at the top of the “favourites” list for drivers throughout the world. This round - the third of the 2022-23 Le Mans Virtual Series - has enticed some big names to the entry list, which is revealed HERE. The Le Mans Virtual Series is a joint venture between the Automobile Club de l’Ouest (“ACO”) and Motorsport Games.

Key Points: 
  • This round - the third of the 2022-23 Le Mans Virtual Series - has enticed some big names to the entry list, which is revealed HERE .
  • The Le Mans Virtual Series is a joint venture between the Automobile Club de lOuest (ACO) and Motorsport Games.
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.
  • These forward-looking statements include, without limitation, statements concerning the timing, participants and expected benefits of the 2022-23 Le Mans Virtual Series.

Motorsport Games to Report Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, October 27, 2022

MIAMI, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world will report financial results for the third quarter ended September 30, 2022 on Thursday, November 10, 2022, after market close.

Key Points: 
  • MIAMI, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world will report financial results for the third quarter ended September 30, 2022 on Thursday, November 10, 2022, after market close.
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.
  • Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make the joy of racing accessible to everyone.
  • Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure and every story inspires.

NASCAR Rivals is Available Today - The Officially Licensed Video Game of the 2022 NASCAR Season From Motorsport Games

Retrieved on: 
Friday, October 14, 2022

The officially licensed video game of the 2022 NASCAR Cup Series season, this latest installment of the video game franchise combines the thrill of the NASCAR Cup Series with the intensity of motorsports rivalry to fans everywhere.

Key Points: 
  • The officially licensed video game of the 2022 NASCAR Cup Series season, this latest installment of the video game franchise combines the thrill of the NASCAR Cup Series with the intensity of motorsports rivalry to fans everywhere.
  • NASCAR Rivals is available starting today across leading retailers and the Nintendo eShop for $49.99.
  • All of the tracks, cars, drivers and teams from the 2022 NASCAR Cup Series regular season and playoffs are included.
  • Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.