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Motorsport Games Inc. Partners with Pimax Innovation Inc. for $2.5 Million Strategic Investment

Apr 15, 2025about 1 year ago

Contract Type

partnership

MiamiOtherGamingSportsVideo Games

Description

Motorsport Games Inc. has announced a partnership with Pimax Innovation Inc., a Delaware technology company and a global leader in high-end virtual reality ('VR') headsets, for a strategic investment of approximately $2.5 million through a private placement offering.

Company Information

Company

Motorsport Games

Location

Miami, Florida, United States

About

Motorsport Games (NASDAQ:MSGM), a Motorsport Network company, combines innovative and engaging video games with exciting esports competitions and content for racing fans and gamers around the globe. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including NASCAR, INDYCAR, 24 Hours of Le Mans and the British Touring Car Championship (“BTCC”). Motorsport Games is an award-winning esports partner of choice for 24 Hours of Le Mans, Formula E, BTCC, the FIA World Rallycross Championship and the eNASCAR Heat Pro League, among others.

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Based on industry data
Strategic partnership established
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