Motorsport Games Regains Compliance With NASDAQ Listing Rules

Core Viewpoint - Motorsport Games Inc. has regained compliance with NASDAQ continued listing requirements, reflecting its commitment to corporate governance and financial integrity [1][2]. Company Developments - The company has implemented a 2022 Restructuring Plan that has saved $6.7 million in annualized costs by reducing excess headcount and closing unprofitable ventures [2]. - Motorsport Games is focusing on near-term revenue opportunities, including the recently released Le Mans Ultimate and partnerships such as the F1®️ Arcade with Kindred Concepts [2][3]. Industry Position - Motorsport Games is a developer and publisher of racing games and esports ecosystems, officially licensed for major motorsport series like the 24 Hours of Le Mans and the FIA World Endurance Championship [3]. - The company owns leading simulation platforms such as rFactor 2 and KartKraft, with rFactor 2 serving as the official sim racing platform for Formula E [3].