The latest announcement is out from Motorsport Games ( (MSGM) ).
Motorsport Games Inc. is actively exploring strategic options to enhance shareholder value, which could include a sale or merger. Alongside this, the company is looking to secure funding to expand its gaming titles, such as Le Mans Ultimate, to major console platforms. To improve efficiency and reduce expenses, Motorsport Games has also undergone a significant restructuring, including a workforce reduction that affects nearly 39% of its employees globally. Despite these changes, the company remains focused on future growth and innovation in the gaming sector.
See more data about MSGM stock on TipRanks’ Stock Analysis page.
