{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-043407","form_type":"8-K","ticker":"MGTI","cik":"0001001601","company_name":"MGT CAPITAL INVESTMENTS, INC.","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.299533+00:00","generated_at":"2026-05-30T05:45:29.400121+00:00","sec_items":["1.01","1.02","2.03","3.02","3.03","5.03","5.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"MGT Capital completes debt & warrant exchange; Project Nickel gains 63.7% control","bullets":["Exchanged $1.62M convertible note for non-convertible secured note at 8% plus 750M common shares.","Canceled all outstanding warrants for 600M common shares and 650,000 Series D Preferred (each convertible into 1,000 common).","Project Nickel now holds 2B shares or equivalents, representing 63.7% of fully diluted shares.","Grady Kittrell (DaxVest LLC) deemed beneficial owner; prior control by Streeterville Capital (John Fife) replaced."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-043407","json":"https://secwatch.observer/filing/0001493152-24-043407.json","markdown":"https://secwatch.observer/filing/0001493152-24-043407.md","text":"https://secwatch.observer/filing/0001493152-24-043407.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001601/000149315224043407/0001493152-24-043407-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001601/000149315224043407/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:45:29.400121+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":[{"claim_id":"5c1fbfa903e6ff2f44798a248a73da522676cb7c","claim":"MGT CAPITAL INVESTMENTS, INC.: Designated 1,000,000 shares of preferred stock as Series D Convertible Preferred Stock, with specified terms (effective 2024-10-31).","evidence_excerpt":"the board of directors of the Company (the “Board”) approved the authorization, issuance and designation (the “Designation”) of 1,000,000 shares of the Company’s preferred stock as “Series D Convertible Preferred Stock,” par value $0.001 per share (the “Series D Preferred Stock”), having the voting powers, designations, preferences, limitations, restrictions and relative rights set forth in the certificate of designation attached hereto as Exhibit 3.1 (the “Certificate of Designation”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001601/000149315224043407/0001493152-24-043407-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-10-31"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}