MGT Capital raises ~$1M via 35.4M shares and warrants at $0.05; converts $241K in notes to stock

MGT CAPITAL INVESTMENTS, INC.

Sold 35,385,704 shares and 35,385,704 warrants (exercise price $0.05) to Streeterville Capital for $1M ($990K net).
Issued 4,761,905 shares to Bucktown Capital on June 15, 2021 upon conversion of $120,000 note principal.
Issued 6,673,384 shares to Bucktown Capital on July 27, 2021 upon conversion of $120,988 note principal; note balance now zero.
As of July 27, 2021, outstanding common shares total 583,470,903.
Company must file S-1 for the shares within 10 days and restrict variable-rate issuances for 20 months.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.