Welcome to our dedicated page for Motorsport Games SEC filings (Ticker: MSGM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Motorsport Games Inc. filings document the regulatory record for a Nasdaq-listed racing game developer and publisher with Class A common stock and warrant-related capital-structure matters. Recent Form 8-K reports cover operating and financial results, Regulation FD presentations, material agreements, a revolving credit facility, employment and compensation arrangements, and shareholder approvals affecting warrant exercisability.
Proxy materials and related 8-K disclosures describe annual meeting procedures, director elections, equity incentive plan proposals, auditor ratification, stockholder voting mechanics, quorum matters, and governance items. The filings also provide formal disclosure around share repurchase activity, rights of security holders, Nasdaq rules, and risk and covenant terms tied to financing agreements.
Motorsport Games Inc. director John Delta reported buying company stock in December 2025. On December 11, 2025, he acquired 1,000 shares of common stock at $2.66 per share, followed by a purchase on December 12, 2025 of 4,000 shares at a weighted average price of $2.59 per share.
After these transactions, Delta beneficially owns 12,000 shares of Motorsport Games common stock in direct ownership. The Form 4 notes that the 4,000-share purchase was executed through multiple trades at prices ranging from $2.57 through $2.61, and that full trade details within this range will be provided upon request.
Motorsport Games Inc. (MSGM) reported stronger Q3 2025 results. Revenue rose to $3,100,018 from $1,802,946, and net income reached $768,537 versus a loss a year ago. Gross profit was $2,502,201 as operating expenses declined sharply, supporting a positive operating result.
For the nine months, revenue was $7,450,311 (up from $6,713,635) and net income totaled $6,029,322, reflecting settlements and improved profitability. Cash and cash equivalents increased to $4,128,690 from $859,271 at year-end, aided by a $2.35 million private placement completed in April. The company reported working capital of $3.0 million and stated it expects cash on hand will fund operations for at least one year from the date the financial statements are issued.
Deferred revenue rose to $1,111,835, indicating future performance obligations. As of November 6, 2025, shares outstanding were 5,078,450 Class A and 700,000 Class B. The quarter also reflected lower general and administrative and development costs, and continued amortization of finite-lived intangibles.
Motorsport Games Inc. (MSGM) furnished a press release announcing financial results for the quarter ended September 30, 2025 and posted related presentation materials. The company furnished the press release as Exhibit 99.1 and the investor presentation as Exhibit 99.2.
Both items are designated as “furnished,” not “filed,” which means they are not subject to Section 18 liability and are not incorporated into other filings except by specific reference. The materials were made available on November 6, 2025.
Motorsport Games Inc. (MSGM) reported shareholder vote results. At a Special Meeting on October 24, 2025, stockholders did not approve the Warrant Exercise Proposal tied to warrants issued on July 29, 2024 to purchase up to 949,310 shares of Class A common stock under Nasdaq rules.
The Warrant Exercise Proposal received 136,285 votes for, 8,498,874 against, and 7,430 abstentions. Stockholders also did not approve the Adjournment Proposal, with 145,961 votes for, 8,489,078 against, and 7,550 abstentions. Both proposals therefore failed.
Motorsport Games, Inc. has filed a definitive proxy statement for a special meeting to be held October 24, 2025 at 11:00 a.m. local time. The filing explains how stockholders may vote, outlines special meeting admission and householding delivery options, and sets procedural deadlines for stockholder proposals and director nominations for the 2026 annual meeting, including a universal proxy notice deadline of February 24, 2026 (subject to adjustment if the meeting date shifts).
The disclosure includes security ownership details showing Sharp Arrow Global Tech Ventures L.P. holds 1,463,637 shares, or 26.82%, and lists several named individual holders such as Guoquan (Paul) Huang with 181,818 shares (3.58%). The proxy provides practical voting instructions and explains nomination and proposal timelines for investors.
Motorsport Games Inc. updated compensation for its top executives and board members. Effective September 1, 2025, the Chief Executive Officer’s annual base salary increases to $485,000 and the Chief Financial Officer’s to $300,000. The CEO will also receive a $50,000 catch-up bonus for 2024 and the CFO $30,000, both paid in September 2025. For 2025, cash bonus targets were set at 50% of base salary for the CEO and 20% for the CFO, tied equally to four key performance metrics and payable in early 2026.
Director compensation shifts from per-meeting fees to higher annual cash retainers, with committee chairs and members receiving defined annual amounts and the Chairman a $15,000 annual fee. Because shareholders have not approved additional shares under the 2021 Equity Incentive Plan, no equity awards were granted in 2024 or 2025. The board confirmed the company remains obligated to make directors whole for missed equity awards upon a change of control or if a director leaves other than for cause.
Huang Guoquan, a director of Motorsport Games Inc. (MSGM), amended his initial Form 3 to correct a typographical error in his reported holdings. The amended filing reports ownership of 181,818 shares of Class A common stock held directly. The amendment states the previous Form 3 misstated the number of shares and provides no additional derivative holdings or other changes to beneficial ownership.
Motorsport Games Inc. preliminary proxy excerpts show a special meeting scheduled for Friday, October 24, 2025 at 11:00 a.m. local time. The document includes proxy housekeeping sections and voting instructions and discloses beneficial ownership stakes: Sharp Arrow Global Tech Ventures L.P. holds 1,463,637 shares (26.82%), and director Guoquan (Paul) Huang holds 181,818 shares (3.58%). Several named insiders show de minimis holdings (marked "*"). The statement references the universal proxy rule timeline: any stockholder seeking to nominate director candidates other than the company’s nominees must provide Rule 14a-19 information no later than February 24, 2026.
Insider purchases by a director. Motorsport Games director John Delta reported open-market purchases of common stock on August 19 and August 20, 2025. He acquired 3,500 shares on 08/19/2025 at a weighted-average price of $2.9251 and another 3,500 shares on 08/20/2025 at a weighted-average price of $2.9109, bringing his total reported direct beneficial ownership to 7,000 shares. The filing includes explanations that each reported price is a weighted average across multiple trades within disclosed price ranges. The form is signed and shows the transactions were reported under Section 16.