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

Motorsport Games adopted a limited-duration stockholder rights plan, issuing one right per outstanding Class A share via dividend.

• The rights plan takes effect immediately and is set to expire on July 20, 2027, unless ended earlier.
• The 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.
• The board can redeem rights for $0.001 each.