Motorsport Games (MSGM) delays 2026 annual meeting after failing to reach quorum
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Motorsport Games Inc. convened its 2026 Annual Meeting of Stockholders on April 17, 2026, but adjourned it without conducting business because not enough common shares were present to reach a quorum. The meeting is scheduled to reconvene at 11:00 a.m. Eastern Time on April 21, 2026, at the company’s Miramar, Florida headquarters.
The record date remains February 27, 2026, and the proposals to be voted on are unchanged from the definitive proxy statement filed on March 16, 2026. Stockholders who already voted and do not wish to change their vote do not need to take further action, while others are encouraged to submit proxies.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Adjourned meeting date and time: April 17, 2026, 11:00 a.m. ET
Reconvened meeting date and time: April 21, 2026, 11:00 a.m. ET
Record date for voting: February 27, 2026
+1 more
4 metrics
Adjourned meeting date and time
April 17, 2026, 11:00 a.m. ET
Original 2026 Annual Meeting of Stockholders convened but adjourned
Reconvened meeting date and time
April 21, 2026, 11:00 a.m. ET
Time set for reconvened annual meeting at Miramar headquarters
Record date for voting
February 27, 2026
Shareholders of record as of this date may vote on meeting proposals
Proxy voting encouragement deadline
April 20, 2026, 11:59 p.m. ET
Press release encouraged shareholders of record who have not voted to vote by this time
Key Terms
quorum, definitive proxy statement, Schedule 14A, forward-looking statements, +1 more
5 terms
quorum regulatory
"adjourned, without any business being conducted, due to lack of the required quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
definitive proxy statement regulatory
"the proposals set forth in the Company’s definitive proxy statement on Schedule 14A"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
Schedule 14A regulatory
"read the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission"
Schedule 14A is a document that companies file with regulators to share important information with shareholders before a big vote, like approving a merger or election of directors. It matters because it helps investors understand what’s happening so they can make informed decisions about the company’s future.
forward-looking statements regulatory
"Certain statements in this press release, the related conference call and webcast which are not historical facts are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995"
FAQ
What did Motorsport Games Inc. (MSGM) disclose in this 8-K filing?
Motorsport Games reported that its 2026 Annual Meeting of Stockholders convened on April 17, 2026, but was adjourned without business due to lack of quorum. The company set a new reconvened meeting date and confirmed that all existing proposals and the record date remain unchanged.
When will Motorsport Games’ 2026 annual meeting reconvene and where will it be held?
The annual meeting will reconvene at 11:00 a.m. Eastern Time on April 21, 2026, at Motorsport Games’ corporate headquarters, 3350 SW 148th Avenue, Suite 207, Miramar, Florida 33027. The meeting was adjourned from April 17, 2026, after insufficient shares were present to constitute a quorum.
Does Motorsport Games (MSGM) require previously voting stockholders to take new action?
Stockholders who already submitted a proxy or otherwise voted and do not wish to change their vote do not need to take any additional action. Their votes remain valid for the reconvened meeting, which will address the same proposals outlined in the March 16, 2026 proxy statement.
What is the record date for Motorsport Games’ 2026 annual meeting of stockholders?
The record date for the 2026 Annual Meeting of Stockholders is February 27, 2026. Only shareholders of record as of that date are entitled to vote on the proposals described in Motorsport Games’ definitive proxy statement filed on March 16, 2026 with the SEC.
Where can investors find Motorsport Games’ proxy materials for the 2026 annual meeting?
Investors can access the definitive proxy statement on Schedule 14A and related proxy materials free of charge on the SEC’s website at www.sec.gov. Motorsport Games’ March 16, 2026 filing contains the proposals to be voted on at the reconvened 2026 Annual Meeting of Stockholders.
What did Motorsport Games’ press release say about the adjourned annual meeting?
The press release stated that the April 17, 2026 annual meeting was convened and adjourned without business due to lack of quorum. It confirmed the reconvened date, April 21, 2026, and encouraged shareholders of record as of February 27, 2026 who have not yet voted to do so by April 20, 2026.