{"filing":{"accession_number":"0001493152-26-029330","cik":"0001821175","ticker":"MSGM","company_name":"Motorsport Games Inc.","form":"8-K","filing_date":"2026-06-18","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1821175/000149315226029330/form8-k.htm"},"events":[{"id":11829,"run_id":10407,"accession_number":"0001493152-26-029330","anchor_item_number":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"summary":"The filing discloses an amendment to a revolving credit agreement with Citibank that modifies an affirmative covenant relating to the Fixed Charge Coverage Ratio by adding cash interest expenses to the denominator. This modification, combined with a one-year extension of the promissory note maturity (from February 2027 to February 2028), suggests the Company sought relief from a tightening financial covenant—a classic indicator of covenant stress or imminent breach. While not explicitly stated as a breach, the amendment's timing and nature signal financial pressure that would be material to investors.","company_name":"Motorsport Games Inc.","ticker":"MSGM","filing_date":"2026-06-18","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":8517,"accession_number":"0001493152-26-029330","item_number":null,"item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"The filing discloses an amendment to a revolving credit agreement with Citibank that modifies an affirmative covenant relating to the Fixed Charge Coverage Ratio by adding cash interest expenses to the denominator. This modification, combined with a one-year extension of the promissory note maturity (from February 2027 to February 2028), suggests the Company sought relief from a tightening financial covenant—a classic indicator of covenant stress or imminent breach. While not explicitly stated as a breach, the amendment's timing and nature signal financial pressure that would be material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T20:12:11.771883+00:00","company_name":"Motorsport Games Inc.","ticker":"MSGM","filing_date":"2026-06-18"}]}
