MGT Capital Investments sells 22.8M shares and warrants for $228,000 to Capital Ten Management

MGT CAPITAL INVESTMENTS, INC.

Sold 22,800,000 shares of common stock at $0.01 per share, raising $228,000.
Issued three warrants to purchase up to 22,800,000 shares at $0.03, $0.06, $0.12 per share.
Warrants are exercisable for three years and include cashless exercise option.
Investor Capital Ten Management (sole purchaser) receives securities in unregistered private placement.
As of Aug 5, 2022, company had 683,770,903 shares outstanding.

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