other material
confidence high
sentiment neutral
materiality 0.40
MGT Capital issues 32M shares to Bucktown Capital on warrant exercises; shares outstanding rise to 623M
MGT CAPITAL INVESTMENTS, INC.
- Issued 8M shares on each of Nov 24, Dec 20, 2021 and Jan 11, 21, 2022 to satisfy cashless warrant exercise.
- After these issuances, 33,118,056 shares remain issuable under the Warrant.
- Total shares outstanding as of Jan 25, 2022: 622,970,903.
- Issuance exempt from registration under Section 3(a)(9) of the Securities Act.