STOCK TITAN

Mobile Global Esports, Inc Stock Price, News & Analysis

MGAM Nasdaq

Welcome to our dedicated page for Mobile Global Esports news (Ticker: MGAM), a resource for investors and traders seeking the latest updates and insights on Mobile Global Esports stock.

Mobile Global Esports Inc. (MGAM) drives India's esports evolution through collegiate tournaments and professional gaming events. This page delivers official news and press releases for investors and enthusiasts tracking the company's strategic moves in one of gaming's fastest-growing markets.

Access timely updates on tournament launches, corporate partnerships, and financial developments that shape MGAM's role in competitive gaming. Our curated news collection simplifies tracking the company's expansion across India's digital entertainment sector.

Discover announcements about university collaborations, sponsorship deals, and event streaming innovations that define MGAM's market leadership. Content is verified for accuracy, providing a trustworthy resource for investment research and industry analysis.

Bookmark this page for streamlined access to MGAM's latest milestones in esports education initiatives, player development programs, and revenue-generating strategies within India's $1.1B gaming industry.

Rhea-AI Summary

Mobile Global Esports Inc. (MGAM) announced on March 28, 2023, its initiative to recruit brand partners for collaborative alpha market research in India's collegiate esports and mobile gaming sectors. The Indian mobile gaming market is forecasted to grow at a 19.75% CAGR through 2027. MOGO plans to leverage unique user data, including geolocation analytics, to enhance brand offerings targeted at this expanding demographic. With approximately 37 million college students and a growing middle class, MOGO sees a significant opportunity in the mobile gaming sector. The company emphasizes precision data modeling to create actionable insights for brands looking to engage effectively with this market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.67%
Tags
AI
-
Rhea-AI Summary

Mobile Global Esports, Inc. (MGAM) has appointed Venable LLP as outside counsel to provide strategic advice on licensing, marketing, and technology asset management. MOGO focuses on competitive university esports in India, backed by a rapidly growing gaming community of over 507 million mobile gamers. The partnership aims to bolster MOGO's intellectual property rights related to collegiate esports, enhancing their market position. CEO Dave Pross emphasized the importance of this collaboration for security and privacy for platform users. Established in March 2021, MOGO went public in July 2022 and targets expansion in South Asian markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.86%
Tags
none
-
Rhea-AI Summary

Mobile Global Esports Inc. (NASDAQ:MGAM) has launched its MOGO Campus Ambassadors program in India, enrolling 138 students from various colleges. This initiative aims to enhance collegiate esports networking and provide students with hands-on experience in organizing and promoting esports tournaments. CEO Dave Pross emphasized the program's role in expanding brand awareness and fostering student careers in esports. The ambassadors will assist in managing relationships with educational institutions and developing social media engagement ahead of the upcoming #MOGO social platform launch. Interested students can reach out to get involved in the program.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.81%
Tags
-
Rhea-AI Summary

Mobile Global Esports Inc. (NASDAQ:MGAM) announced the appointment of Nicholas Venezia as Chief Data Officer. With over a decade of experience across various industries, Venezia aims to enhance the company's data strategies, particularly in the growing Indian collegiate esports market. CEO Dave Pross emphasized the importance of managing data securely and fostering community engagement. This move positions MOGO to be a leader in esports amid evolving internet privacy regulations. MOGO is focused on creating an infrastructure that protects player data while promoting interaction within the esports ecosystem.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
161.93%
Tags
none
-
Rhea-AI Summary

Mobile Global Esports Inc. (NASDAQ:MGAM) announced it has regained compliance with Nasdaq listing requirements, eliminating the risk of delisting. The company had previously been notified on December 22, 2022, that it was out of compliance due to a per share stock price below $1 for 30 consecutive business days. Following a 10-day period from January 5 to January 19, 2023, during which its stock price remained at or above $1, Nasdaq confirmed on January 20, 2023, that the compliance issue is resolved. MOGO is focused on developing collegiate esports in India and expanding its mobile esports business.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
Rhea-AI Summary

Mobile Global Esports (NASDAQ:MGAM) announced it received a NASDAQ notification letter on December 22, 2022, due to non-compliance with the minimum bid price requirement. The company's ordinary shares closed below $1.00 for 31 consecutive business days, from November 8 to December 21, 2022. MGAM has until June 19, 2023, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive trading days. While the notification does not affect current trading, the company aims to enhance shareholder value through expansion in the Indian esports market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.65%
Tags
none
-
Rhea-AI Summary

Mobile Global Esports (NASDAQ: MGAM) announced a $1 million share repurchase program to enhance long-term shareholder value. CEO David Pross highlighted their confidence in market opportunities and the strength of their balance sheet, suggesting the current valuation doesn't reflect MOGO's potential. The buyback allows for shares to be repurchased through various means, depending on market conditions. As of September 30, 2022, there were approximately 18.1 million shares outstanding. The company aims to strategically deploy resources for growth amidst favorable market factors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.28%
Tags
buybacks
-
Rhea-AI Summary

Mobile Global Esports Inc. (NASDAQ: MGAM) announced the appointment of Rishi Jaitly as Chief Strategic Advisor on December 8, 2022. Jaitly, a seasoned entrepreneur and executive, previously led Twitter's entry in India and was the Founding CEO of Times Bridge. He aims to enhance MOGO's mission of expanding collegiate esports in India, focusing on unlocking potential for young athletes. MOGO, established in March 2021, specializes in mobile esports and social platforms, and has trademark rights for collegiate esports tournaments in India.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.79%
Tags
none
Rhea-AI Summary

Mobile Global Esports Inc. (NASDAQ:MGAM) has signed contracts with six winners of the MOGO National Championships, ongoing from November 2021 to April 2022. The championships featured over 200 colleges, concluding with Mumbai University 'Sharks' as national champions. Each signed athlete will receive monthly compensation and represent MOGO in esports tournaments. CEO Sunny Bhandarkar emphasized the commitment to developing esports careers in India, aiming for India to become a leading gaming nation. The upcoming collegiate tournaments will be announced shortly.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
none

FAQ

What is the current stock price of Mobile Global Esports (MGAM)?

The current stock price of Mobile Global Esports (MGAM) is $0.115 as of July 17, 2025.

What is the market cap of Mobile Global Esports (MGAM)?

The market cap of Mobile Global Esports (MGAM) is approximately 862.2K.
Mobile Global Esports, Inc

Nasdaq:MGAM

MGAM Rankings

MGAM Stock Data

862.20k
36.74M
11.36%
3.1%
0.73%
Electronic Gaming & Multimedia
Services-amusement & Recreation Services
Link
United States
WESTPORT