Motorsport Games issues shareholder rights dividend under limited-duration rights plan

Reuters2026/07/23 01:58

By:Reuters

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Motorsport Games adopted a limited-duration stockholder rights plan, issuing one right per outstanding Class A share via dividend.
Rights plan takes effect immediately. Expiration set for July 20, 2027, unless ended earlier.
Record date for the rights dividend is Aug. 3, 2026.
Rights become exercisable if any holder reaches 12.5% beneficial ownership, or if an existing 12.5% holder buys more shares.
Triggered rights let holders buy stock worth 2x the exercise price. Board can redeem rights for $0.001 each.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Motorsport Games Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Motorsport Games issues shareholder rights dividend under limited-duration rights plan

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