Welcome to our dedicated page for Motorsport Games news (Ticker: MSGM), a resource for investors and traders seeking the latest updates and insights on Motorsport Games stock.
Motorsport Games Inc. (NASDAQ: MSGM) is a racing game developer, publisher and esports ecosystem provider focused on official motorsport racing series. The news flow around the company centers on its flagship simulation Le Mans Ultimate, financial performance, investor events and corporate actions disclosed through press releases and SEC filings.
Recent news highlights include the progression of Le Mans Ultimate from Early Access to Version 1.0 and beyond, with updates that add new cars, such as the Aston Martin Valkyrie AMR LMH and Mercedes AMG LMGT3, updated 2025 content, and expanded features. Subsequent releases describe major patches like Versions 1.1 and 1.2, which introduce European Le Mans Series content, additional circuits including Silverstone and Circuit Paul Ricard, and new LMP3 race cars. The company also reports on physics overhauls, online competition refinements, safety and anti-cheat systems, and new online championship formats.
Investors following MSGM news will also see quarterly earnings announcements, where Motorsport Games discusses revenue trends, net income, Adjusted EBITDA and cash flow, often linking performance to the commercial trajectory of Le Mans Ultimate and related downloadable content. Other items include notices about upcoming earnings calls, participation in investor conferences, and updates on capital-raising transactions and shareholder meetings.
This news page aggregates these developments so readers can review product updates, esports initiatives, financial results and governance disclosures in one place. For those tracking MSGM, it provides a way to monitor how Motorsport Games’ racing titles, partnerships and corporate decisions evolve over time.
Motorsport Games (NASDAQ: MSGM) will release its financial results for the fourth quarter and full year ending December 31, 2020, on March 24, 2021, after market close. The company will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss these results. Motorsport Games is a prominent racing game developer and esports provider, holding licenses for major motorsport series like NASCAR and 24 Hours of Le Mans.
Motorsport Games (NASDAQ: MSGM) has announced an updated joint venture with the Automobile Club de l’Ouest, extending their collaboration to a ten-year exclusive license for video games related to the 24 Hours of Le Mans and FIA World Endurance Championship. This agreement replaces the original 2019 contract and follows the success of the Le Mans Esports Series, highlighted by the 2020 Virtual Le Mans event that attracted a large global audience. The partnership aims to enhance esports offerings and create dedicated endurance video games, capitalizing on the growing popularity of motorsport gaming.
Motorsport Games Inc. has completed its initial public offering, successfully closing on 3,450,000 shares of its Class A common stock. The offering comprised 3,000,000 shares, with an additional 450,000 shares sold following the underwriters' option. Shares were priced at $20.00, yielding gross proceeds of approximately $69.0 million for the company. This stock is now listed on the Nasdaq under the ticker symbol MSGM. Canaccord Genuity LLC and The Benchmark Company, LLC served as joint book-running managers.
Motorsport Games has priced its initial public offering (IPO) at $20.00 per share, offering 3,000,000 shares of Class A common stock. The IPO is set to generate approximately $60 million in gross proceeds, with an option for underwriters to purchase an additional 450,000 shares. Trading is expected to commence on January 13, 2021, with the closing anticipated on January 15, 2021, subject to standard conditions. Canaccord Genuity LLC and The Benchmark Company, LLC are the joint book-running managers for this offering.
Motorsport Gaming US LLC has filed a registration statement on Form S-1 with the SEC for a proposed initial public offering (IPO) of its Class A common stock. The specific number of shares and the price range have yet to be determined, and the offering depends on market conditions. Motorsport Games plans to list its shares on the Nasdaq Capital Market under the symbol 'MSGM.' Canaccord Genuity LLC and The Benchmark Company, LLC will serve as joint book-running managers for the offering. This filing does not constitute an offer to sell these securities until the registration statement is effective.