{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-025813","form_type":"8-K","ticker":"MGTI","cik":"0001001601","company_name":"MGT CAPITAL INVESTMENTS, INC.","filed_at":"2022-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.525039+00:00","generated_at":"2026-06-23T09:36:24.566733+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MGT Capital enters non-binding LOI to merge with Bit5ive; closes $1.5M convertible note","bullets":["Non-binding LOI with Bit5ive LLC: Bit5ive shareholders would own 70%-80% of combined company on fully diluted basis.","Robert Collazo, Bit5ive founder, to become CEO of combined entity upon closing.","Closed $1.5M secured convertible note with Project Nickel LLC; net proceeds $1.335M (after $165K OID).","Note matures Dec 31, 2023, bears 6% interest; convertible into 30% of MGT's outstanding post-conversion shares.","Merger subject to due diligence, audited Bit5ive financials, member approval; no assurance definitive agreement will be reached."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-025813","json":"https://secwatch.observer/filing/0001493152-22-025813.json","markdown":"https://secwatch.observer/filing/0001493152-22-025813.md","text":"https://secwatch.observer/filing/0001493152-22-025813.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001601/000149315222025813/0001493152-22-025813-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001601/000149315222025813/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T09:36:24.566733+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}