other material
confidence high
sentiment negative
materiality 0.75
MGT Capital Investments raises additional $375k via private placement at $0.001/share
MGT CAPITAL INVESTMENTS, INC.
- Completed private placement on Jan 29, 2026 for total $675,000 at $0.001 per share.
- Issued 675,000,000 restricted shares; proceeds for general working capital.
- Offering exempt from registration under Section 4(a)(2) and Rule 506(b).
- The $0.001/share price implies massive dilution for existing shareholders.