 MIAMI, Jan. 12, 2021 GLOBE NEWSWIRE -- Motorsport Games Inc. Motorsport Games, a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, today announced the pricing of its initial public offering of 3,000,000 shares of its Class A common stock at a public offering price of 20.00 per share. Motorsport Games has granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of its Class A common stock to cover over-allotments, if any, at the initial public offering price, less underwriting discounts and commissions. The shares of Class A common stock are expected to begin trading on January 13, 2021 on the Nasdaq Capital Market under the ticker symbol MSGM. The gross proceeds from the offering to Motorsport Games, before deducting underwriting discounts and commissions and other offering expenses payable by Motorsport Games, are expected to be approximately 60.0 million, excluding any exercise of the underwriters option to purchase additional shares. The offering is expected to close on January 15, 2021, subject to the satisfaction of customary closing conditions. 