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Motorsport Games Announces Sale of Traxion

Motorsport Games Announces Sale of Traxion

Motorsport Games 宣布出售 Traxion
Motorsport Games ·  05/01 00:00
Motorsport Games Announces Sale of Traxion
Motorsport Games 宣布出售 Traxion

Motorsport Games Announces Sale of Traxion

Motorsport Games 宣布出售 Traxion

MIAMI, May 01, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (the "Company" or "Motorsport Games"), a racing game developer, publisher, and esports ecosystem provider of official motorsport racing series throughout the world, is today announcing the sale of its gaming media outlet Traxion to Traxion.GG Ltd, a UK subsidiary of Grid Finder Ltd for $250,000. This strategic decision continues Motorsport Games' ongoing efforts to streamline operations, reduce operational costs and sell off components not considered core to the future of the business.

迈阿密,2024年5月1日(环球通讯社)——全球官方赛车系列的赛车游戏开发商、发行商和电子竞技生态系统提供商赛车游戏公司(纳斯达克股票代码:MSGM)(“公司” 或 “赛车游戏”)今天宣布以25万美元的价格将其游戏媒体Traxion出售给Grid Finder Ltd的英国子公司Traxion.GG Ltd。这一战略决策延续了Motorsport Games为简化运营、降低运营成本和出售不被视为未来业务核心的组件所做的持续努力。

The sale is expected to allow Motorsport Games to focus more intensely on development of high-quality racing games with $200,000 of the deal in cash and $50,000 in future marketing efforts through the outlet. Motorsport Games retains the option to access the video platforms for future broadcasts of the Le Mans Virtual Series and 24 Hours of Le Mans Virtual.

预计此次出售将使Motorsport Games能够更加专注于高质量赛车游戏的开发,其中20万美元的现金为现金,未来将通过该渠道进行5万美元的营销工作。Motorsport Games保留了访问视频平台的选项,以便将来播出勒芒虚拟系列赛和勒芒虚拟24小时耐力赛。

"This transaction is another component piece in our strategy to leverage elements of market value, bringing cash into the business whilst doubling-down on our primary focus – high-quality gaming products," commented Stephen Hood, CEO and President of Motorsport Games. "Traxion stood for quality racing game journalism, helped grow the racing video games and simulation market - and we are excited to see the brand revived under new ownership."

Motorsport Games首席执行官兼总裁斯蒂芬·胡德评论说:“这笔交易是我们战略的另一个组成部分,该战略旨在利用市场价值要素,为业务带来现金,同时将重点放在我们的主要重点——高质量游戏产品上。”“Traxion代表着高质量的赛车游戏新闻,帮助发展了赛车视频游戏和模拟市场——我们很高兴看到该品牌在新的所有权下复兴。”

Thomas Stapley-Bunton, CEO and Founder of Grid Finder said, "Traxion.GG has always been considered to be the pinnacle of journalism and content by the wider online racing and sim racing community. Reviving the brand with the original team is a huge win for the online racing community and brings with it exciting opportunities to combine the power of Grid Finder's new community management tools and marketplaces with the best online racing content site in the world."

Grid Finder首席执行官兼创始人托马斯·斯台普利-邦顿表示:“Traxion.GG一直被更广泛的在线赛车和模拟赛车社区视为新闻和内容的巅峰之作。与原团队一起重振品牌对于在线赛车社区来说是一个巨大的胜利,也带来了激动人心的机会,可以将Grid Finder的新社区管理工具和市场的强大功能与世界上最好的在线赛车内容网站相结合。”

About Motorsport Games:

关于赛车游戏:

Motorsport Games, a Driven Lifestyle Group company, is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series. Combining innovative and engaging video games with exciting esports competitions and content for racing fans and gamers, Motorsport Games strives to make racing games that are authentically close to reality. The Company is the officially licensed video game developer and publisher for iconic motorsport racing series including the 24 Hours of Le Mans and the FIA World Endurance Championship, recently releasing Le Mans Ultimate in Early Access. Motorsport Games also owns the industry leading rFactor 2 and KartKraft simulation platforms. rFactor 2 also serves as the official sim racing platform of Formula E, while also powering F1 Arcade through a partnership with Kindred Concepts. Motorsport Games is also an award-winning esports partner of choice for the 24 Hours of Le Mans, creating the renowned Le Mans Virtual Series. Motorsport Games is building a virtual racing ecosystem where each product drives excitement, every esports event is an adventure, and every race inspires.

Motorsport Games是Driven Lifestyle集团旗下的公司,是官方赛车系列的赛车游戏开发商、发行商和电子竞技生态系统提供商。Motorsport Games将创新且引人入胜的视频游戏与精彩的电子竞技比赛和面向赛车迷和游戏玩家的内容相结合,致力于制作真正接近现实的赛车游戏。该公司是标志性赛车系列的官方授权视频游戏开发商和发行商,包括最近发布的勒芒 24 小时耐力赛和国际汽联世界耐力锦标赛 勒芒终极版 在抢先体验中。Motorsport Games还拥有业界领先的rFactor 2和KartKraft模拟平台。rFactor 2还是电动方程式的官方模拟赛车平台,同时还通过与Kindred Concepts的合作为F1 Arcade提供动力。Motorsport Games还是勒芒24小时耐力赛的首选电子竞技合作伙伴,创造了著名的 勒芒虚拟系列赛。Motorsport Games正在建立一个虚拟赛车生态系统,在这个生态系统中,每个产品都能带来刺激,每场电子竞技赛事都是一次冒险,每场比赛都会激发灵感。

For more information about Motorsport Games visit: www.motorsportgames.com.

有关赛车游戏的更多信息,请访问: www.motorsportgam

Forward-Looking Statements

前瞻性陈述

Certain statements in this press release which are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential," and similar expressions are intended to identify such forward-looking statements.

本新闻稿中某些非历史事实的陈述是经修订的1933年《证券法》第27A条和经修订的1934年《证券交易法》第21E条所指的前瞻性陈述,是根据1995年《私人证券诉讼改革法》的安全港条款提供的。本新闻稿中任何非历史事实陈述的陈述均可被视为前瞻性陈述。诸如 “继续”、“将”、“可能”、“应该”、“期望”、“预期”、“计划”、“打算”、“预测”、“相信”、“估计”、“预测”、“潜力” 等词语以及类似的表述旨在识别此类前瞻性陈述。

These forward-looking statements include, but are not limited to, statements concerning the expected benefits of the sale of Traxion, including streamlining operations, reducing operational costs and selling off components not considered core to the future of the business of the Company. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Motorsport Games and are difficult to predict. Examples of such risks and uncertainties include, without limitation: difficulties, delays in or unanticipated events that may impact the timing and expected benefits of the sale of Traxion, whether the sale of Traxion will result in streamlining operations and/or reducing operational costs, whether the sale of Trax will allow Motorsport Games to focus more intensely on development of high-quality racing games, whether such new products (if developed) will meet the expectations of the fans, users and spectators, whether Traxion.GG was or will be the pinnacle of journalism and/or content for online racing and sim racing community, whether reviving Traxion brand is a win for the online racing community, whether Traxion will bring opportunities to combine the power of Grid Finder's new community management tools and marketplaces with the racing content and whether such content would be the best online racing content site in the world. Factors other than those referred to above could also cause Motorsport Games' results to differ materially from expected results.

这些前瞻性陈述包括但不限于有关出售Traxion的预期收益的陈述,包括精简运营、降低运营成本和出售不被视为公司未来业务核心的组件。所有前瞻性陈述都涉及重大风险和不确定性,可能导致实际结果与前瞻性陈述中表达或暗示的结果存在重大差异,其中许多前瞻性陈述通常不在赛车运动游戏的控制范围内,难以预测。此类风险和不确定性的例子包括但不限于:可能影响出售Traxion的时机和预期收益的困难、延误或意想不到的事件;出售Traxion是否会简化运营和/或降低运营成本;出售Trax是否将使Motorsport Games能够更加专注于高质量赛车游戏的开发;此类新产品(如果开发的话)能否满足粉丝、用户和观众的期望,不管 Traxion.gg 曾经还是将要成为巅峰之作在线赛车和模拟赛车社区的新闻和/或内容,重振Traxion品牌是否是在线赛车社区的胜利,Traxion是否会带来机会,将Grid Finder的新社区管理工具和市场的力量与赛车内容相结合,以及此类内容是否会成为世界上最好的在线赛车内容网站。除上述因素以外的因素也可能导致赛车游戏的结果与预期的结果存在重大差异。

Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in Motorsport Games' filings with the Securities and Exchange Commission (the "SEC"), including its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as well as in its subsequent filings with the SEC. Motorsport Games anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Motorsport Games assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Motorsport Games' plans and expectations as of any subsequent date. Additionally, the business and financial materials and any other statement or disclosure on, or made available through, Motorsport Games' website or other websites referenced or linked to this press release shall not be incorporated by reference into this press release.

可能导致实际业绩与前瞻性陈述中明示或暗示的业绩存在重大差异的其他因素可以在Motorsport Games向美国证券交易委员会(“SEC”)提交的文件中找到,包括其截至2023年12月31日财年的10-K表年度报告,以及随后向美国证券交易委员会提交的文件。Motorsport Games预计,随后的赛事和发展可能会导致其计划、意图和期望发生变化。除非法律明确要求,否则Motorsport Games不承担任何更新任何前瞻性陈述的意图或义务,无论是由于新信息、未来事件还是其他原因。前瞻性陈述仅代表其发表之日,不应以此为依据来代表Motorsport Games自以后任何日期的计划和预期。此外,业务和财务材料以及在Motorsport Games网站或引用或链接到本新闻稿的其他网站上或通过其提供的任何其他声明或披露均不得以引用方式纳入本新闻稿。

Website and Social Media Disclosure

网站和社交媒体披露

Investors and others should note that we announce material financial information to our investors using our investor relations website (ir.motorsportgames.com), SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media and blogs, to communicate with our investors and the public about our company and our products. It is possible that the information we post on our websites, social media and blogs could be deemed to be material information. Therefore, we encourage investors, the media and others interested in our company to review the information we post on the websites, social media channels and blogs, including the following (which list we will update from time to time on our investor relations website):

投资者和其他人应注意,我们使用我们的投资者关系网站向投资者公布重要的财务信息(ir.motorsportgames.com)、美国证券交易委员会文件、新闻稿、公开电话会议和网络直播。我们使用这些渠道以及社交媒体和博客与我们的投资者和公众就我们的公司和产品进行沟通。我们在我们的网站、社交媒体和博客上发布的信息可能被视为重要信息。因此,我们鼓励投资者、媒体和其他对我们公司感兴趣的人查看我们在网站、社交媒体频道和博客上发布的信息,包括以下信息(我们将在投资者关系网站上不时更新该清单):

Websites Social Media
motorsportgames.com Twitter: @msportgames
Instagram: msportgames
Facebook: Motorsport Games
LinkedIn: Motorsport Games
网站 社交媒体
motorsportgames.com 推特: @msportgames
Instagram msportgames
脸书: 赛车游戏
领英: 赛车游戏


The contents of these websites and social media channels are not part of, nor will they be incorporated by reference into, this press release.


这些网站和社交媒体渠道的内容不是本新闻稿的一部分,也不会以引用方式纳入本新闻稿。

Contacts:

联系人:

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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