MGT CAPITAL INVESTMENTS, INC. (MGTI) Form 8-K — Nov 4, 2026
MGT Capital Investments entered into Securities Purchase Agreements with two accredited investors for a private placement of up to $225,000 of common stock priced at $0.001 per share — one-tenth of a penny. The offering runs on a rolling closing basis through December 31, 2026, extendable 30 days. As of the filing, the company has closed $100,000 of the offering, issuing 100,000,000 restricted shares to the two investors. Proceeds are earmarked for general working capital, and no underwriter or placement agent was engaged.
Key figures
- Gross Proceeds
- 225000
- Offering Price
- 0.001
- Shares Offered
- up to 225,000,000 (at $0.001/share)
- Exemption
- Section 4(a)(2) / Rule 506(b) of Regulation D
- Shares Issued To Date
- 100000000
- Closed To Proceeds To Date
- 100000
- Offering Termination Date
- December 31, 2026 (extendable 30 days)
AI analysis
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