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Form 8-K

sec.gov
MSGM The article is a Form 8-K filing, which is a report of unscheduled material events or corporate changes. It does not contain sentiment-based information about the company's performance or prospects.

8-K — Motorsport Games Inc.

Accession: 0001493152-26-029330

Filed: 2026-06-18

Period: 2026-06-15

CIK: 0001821175

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Entry into a Material Definitive Agreement

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-10.2 (ex10-2.htm)

EX-10.4 (ex10-4.htm)

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8-K

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

DC 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of report (Date of earliest event reported): June 15, 2026

Motorsport

Games Inc.

(Exact

name of registrant as specified in its charter)

Delaware

001-39868

86-1791356

(State

or other jurisdiction

of

incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

No.)

3350

SW 148th Avenue,

Suite 207

Miramar

FL

33027

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (305) 413-0812

N/A

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Class

A common stock, $0.0001 par value per share

MSGM

The

Nasdaq Stock Market LLC

(The

Nasdaq Capital Market)

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

If

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01 Entry into a Material Definitive Agreement.

On

June 15, 2026, Motorsport Games Inc. (the “Company”) entered into an Amendment to Business Loan Agreement (the “Credit

Agreement Amendment”) with Citibank, N.A. (“Citibank”), amending the Business Loan Agreement, dated February 20, 2026

(the “Credit Agreement”), between the Company and Citibank, pursuant to which Citibank has provided the Company with a revolving

line of credit. The Amendment modifies an affirmative covenant relating to the Company’s level of fixed charges by revising the

definition of Fixed Charge Coverage Ratio. Under the Amendment, the Company’s cash interest expenses will be added to the denominator

of the Fixed Charge Coverage Ratio. The parties also entered into an amendment (the “Promissory Note Amendment”) to the promissory

note relating to the Credit Agreement (the “Promissory Note”) extending the maturity date of the Promissory Note from February

20, 2027, to February 20, 2028.

The

foregoing descriptions of the Amendment, the Credit Agreement, the Promissory Note Amendment, and the Promissory Note are qualified in

their entirety by reference to the full text of such agreements, forms or copies of which are attached hereto as Exhibits 10.2, 10.1,

10.3, and 10.4, respectively, and each of which is incorporated herein in its entirety by reference. The representations, warranties

and covenants contained in such agreements were made only for purposes of such agreements and as of specific dates, were solely for the

benefit of the parties to such agreements and may be subject to limitations agreed upon by the contracting parties.

Item

2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The

information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.

Item

9.01 Financial Statements and Exhibits.

(d)

Exhibits

10.1

Business Loan Agreement, dated February 20, 2026, by and between Motorsport Games Inc. and Citibank, N.A. (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K, File No. 001-39868, filed with the Securities and Exchange Commission on February 25, 2026)

10.2

Amendment to Business Loan Agreement, dated June 15, 2026, by and between Motorsport Games Inc. and Citibank, N.A.

10.3

Promissory Note, dated February 20, 2026, in favor of Citibank, N.A. (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K, File No. 001-39868, filed with the Securities and Exchange Commission on February 25, 2026)

10.4

Amendment to Promissory Note, dated June 15, 2026, in favor of Citibank, N.A.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Motorsport

Games Inc.

Date:

June 18, 2026

By:

/s/

Stephen Hood

Stephen

Hood

Chief

Executive Officer and President

EX-10.2

EX-10.2

Filename: ex10-2.htm · Sequence: 2

Exhibit 10.2

EX-10.4

EX-10.4

Filename: ex10-4.htm · Sequence: 3

Exhibit 10.4

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