Financing ·
MGT Capital raises $100K in private placement of 100M shares at $0.001 per share
MGTIMgt Capital Investments, Inc.
MGT Capital Investments, Inc. entered into Securities Purchase Agreements with two accredited investors to conduct a private placement of up to $225,000 in common stock at $0.001 per share. As of the filing date, the company has closed on the sale of 100,000,000 shares for an aggregate of $100,000. The offering is conducted on a rolling closing basis and is scheduled to terminate on December 31, 2026, unless extended. Net proceeds are intended for general working capital purposes. MGT Capital Investments operates as an investment company.