Motorsport Games issues share rights dividend under limited-duration stockholder rights plan
Motorsport Games, Inc. Class A
Bollinger Innovations, Inc. - Common Stock
Motorsport Games, Inc. Class A MSGM | 0.00 | |
Bollinger Innovations, Inc. - Common Stock BINI | 0.00 |
- Motorsport Games adopted a limited-duration stockholder rights plan, issuing one right per outstanding Class A share via a dividend.
- Rights plan took effect immediately, expiring July 20, 2027; 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 Class A shares worth 2x the exercise price; acquiring person rights become void.
- Board can exchange rights for one Class A share per right or redeem them for $0.001 per right.
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 via GlobeNewswire (Ref. ID: 202607222155PRIMZONEFULLFEED9766862) on July 23, 2026, and is solely responsible for the information contained therein.