other material
confidence high
sentiment negative
materiality 0.70
MGT Capital Issues 39.4M Shares in Unregistered Stock Sales Since May 15
MGT CAPITAL INVESTMENTS, INC.
- 39,400,000 shares of common stock issued unregistered from June 7 to July 21, 2023.
- 20,000,000 shares issued June 9 via cashless exercise of 2,217,090 warrants.
- 11,400,000 shares issued July 21 in exchange for 22,800,000 warrants.
- 8,000,000 shares issued to lease holders under partnership agreements on June 7 and July 11.