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home / news releases / MSGM - Motorsport Games to launch ~$3.9M registered direct offering


MSGM - Motorsport Games to launch ~$3.9M registered direct offering

  • Racing game developer Motorsport Games ( NASDAQ: MSGM ) is selling 183,020 class A shares at $21.40 per share in a registered direct offering priced at-the-market under Nasdaq rules.
  • The ~$3.9M offering is expected to close on or about Feb. 3.
  • The net proceeds are intended to be used for the development of multiple games, working capital and general corporate purposes.
  • Source: Press Release

For further details see:

Motorsport Games to launch ~$3.9M registered direct offering
Stock Information

Company Name: Motorsport Games Inc.
Stock Symbol: MSGM
Market: NASDAQ
Website: motorsportgames.com

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