Motorsport Games Secures $3 Million Revolving Credit Line From Citibank

Reuters02-26 06:05
Motorsport Games Secures $3 Million Revolving Credit Line From <a href="https://laohu8.com/S/C">Citibank</a>

Motorsport Games Inc. entered into a new business loan agreement with Citibank, N.A. on Feb. 20, 2026, providing a revolving line of credit of up to $3.0 million. Borrowings accrue interest at adjusted Term SOFR plus 2.25% (with a 0.75% SOFR floor), mature on Feb. 20, 2027, and are secured by a lien on substantially all of the company’s assets, according to an SEC filing.

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