Corporate ActionApr 24, 2026, 04:52 PM
MSGM Stockholders Approve Exercise of Warrants for 949,310 Shares
AI Summary
Motorsport Games Inc. stockholders approved the exercise of warrants to purchase up to 949,310 shares of Class A Common Stock at the Annual Meeting on April 23, 2026. This approval makes the warrants, issued on July 29, 2024, immediately exercisable. The warrants include Series A and Series B warrants, primarily at an exercise price of $2.17 per share, with new expiry dates set for October 23, 2031, and October 25, 2027, respectively.
Key Highlights
- Stockholders approved warrants for up to 949,310 Class A Common Stock shares.
- Warrants became exercisable on April 23, 2026, after stockholder approval.
- Series A and B Warrants have an exercise price of $2.17 per share.
- Series A Warrants expire October 23, 2031; Series B Warrants expire October 25, 2027.
Price Impact
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