Motorsport Games raised $69 million through IPO — the company’s valuation exceeded $500 million
Motorsport Games, which develops racing games under a NASCAR license, has entered the stock market. At the start, the company raised $ 69 million, and its market capitalization was estimated at $ 510 million.On the first day of trading on the NASDAQ stock exchange, Motorsport Games shares increased in price by 50% — from $20 to $ 30.