secwatch.observer — SEC 8-K summary
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Issuer:     MGT CAPITAL INVESTMENTS, INC. (MGTI)
CIK:        0001001601
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001493152-22-022133
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001601/000149315222022133/0001493152-22-022133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001601/000149315222022133/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-022133

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