Brief: Motorsport Games Announces $3.39 Mln Registered Direct Offering Priced Under Nasdaq Rules

Motorsport Games

02/02/2023 14:29

Feb 2 (Reuters) - Motorsport Games Inc  MSGM.O :
    * MOTORSPORT GAMES ANNOUNCES $3.39 MILLION REGISTERED DIRECT
OFFERING PRICED AT-THE-MARKET UNDER NASDAQ RULES
    * MOTORSPORT GAMES -  INTENDS TO USE NET PROCEEDS FROM
PRIVATE
PLACEMENT FOR DEVELOPMENT OF MULTIPLE GAMES, WORKING CAPITAL,
GENERAL CORPORATE PURPOSES
    * MOTORSPORT GAMES - ENTERED INTO DEFINITIVE AGREEMENT FOR
ISSUANCE & SALE OF ABOUT 144,366 SHARES OF CO'S CLASS A COMMON
STOCK AT $23.50 PER SHARE

Source text for Eikon:  ID:nGNX2CrQ9J 
Further company coverage:  MSGM.O 
 ((Reuters.Briefs@thomsonreuters.com;))