CORRECTION: Motorsport Games Enters into Share Repurchase Agreement, Reinforcing Confidence in Company's Growth Trajectory [Yahoo! Finance]
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Source: Yahoo! Finance
MSGM repurchases shares from Driven Lifestyle, retires Class B voting rights, and expands employee equity plan. · GlobeNewswire Inc. MIRAMAR, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Motorsport Games Inc. (NASDAQ: MSGM), the first paragraph has been updated. The corrected release follows: Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or the "Company"), a racing game developer, publisher, and esports ecosystem provider, today announced the repurchase of 904,395 shares of Class A Common Stock from Driven Lifestyle Group LLC (“Driven Lifestyle”) at $4.11 per share which is the average of the 5 day closing price on the date of execution of the agreement – a price the Company is comfortable with following its recent turn to profitability and its expectation of a continued strengthening of its financial outlook. This transaction marks a significant step forward in Motorsport Games' Corporate governance, with se
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