Motorsports Games Announces $3.717M Share Buyback Of 904,395 Shares At $4.11/Share

This transaction marks a significant step forward in Motorsport Games' Corporate governance, with several important changes taking effect simultaneously:

• Equal voting rights for all shareholders. All Class B shares, which carried a 10x voting advantage, have been retired. Every share of stock now holds equal voting power – a meaningful improvement in transparency and fairness.
• Renewed ability to reward and retain key talent. Shareholders have approved an increase in the number of awards available for grant pursuant to its employee equity plan, giving the Company an important tool to incentivize and retain the people who are driving its growth.