MGT Capital exchanges $1.22M note for 750M common shares; board expands to 3

MGT CAPITAL INVESTMENTS, INC.

Exchanged $1,220,240 secured convertible note with Project Nickel LLC for 3,250,000 Series E preferred shares and 750,131,126 common shares.
Issued 150,000,000 common shares to David M. Garrity at $0.00033/share for $50,000 cash.
Board expanded from 1 to 3 members; appointed Jonathan M. Pfohl (interim CEO/CFO) and David M. Garrity as directors.
Series E Preferred Stock carries 9.9% beneficial ownership limitation blocker.
All securities issued in unregistered transactions under Sections 3(a)(9) and 4(a)(2) of the Securities Act.

item 1.01 item 3.02 item 5.02 item 5.03 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jonathan M. Pfohl

Director

MGTI · MGT CAPITAL INVESTMENTS, INC.

Effective: 2026-07-06
Filed: July 6, 2026, 5:30 PM ET

Jonathan M. Pfohl, who currently serves as the Company’s Interim Chief Executive Officer and Chief Financial Officer, was appointed to serve as a member of the Board.

Appointed

David M. Garrity

Director

MGTI · MGT CAPITAL INVESTMENTS, INC.

Effective: 2026-07-06
Filed: July 6, 2026, 5:30 PM ET

David M. Garrity was appointed as an independent member of the Board to hold office until the next annual meeting of stockholders and until his successor is duly elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan M. Pfohl was appointed as Director at MGT CAPITAL INVESTMENTS, INC..

Action: appointed
Role: Director

Exact text from the filing

Jonathan M. Pfohl, who currently serves as the Company’s Interim Chief Executive Officer and Chief Financial Officer, was appointed to serve as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David M. Garrity was appointed as Director at MGT CAPITAL INVESTMENTS, INC..

Action: appointed
Role: Director

Exact text from the filing

David M. Garrity was appointed as an independent member of the Board to hold office until the next annual meeting of stockholders and until his successor is duly elected and qualified.

View on SEC.gov

MGT CAPITAL INVESTMENTS, INC. filing history →

Source: SEC EDGAR

accession 0001493152-26-032207

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.