secwatch.observer — SEC 8-K summary
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Issuer:     MGT CAPITAL INVESTMENTS, INC. (MGTI)
CIK:        0001001601
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001493152-24-017885
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

MGT Capital issues 94M shares in unregistered sales for lease and note conversion
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- Issued 54M shares to Minerset Farms under property lease agreement on April 30, 2024.
- Issued 40M shares on May 3, 2024, upon conversion of $41,300 principal amount of Notes.
- Shares outstanding increased to 1,037,170,903 after both issuances.
- Remaining Notes principal outstanding is $1,401,039.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001601/000149315224017885/0001493152-24-017885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001601/000149315224017885/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-017885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer