MGT Capital Investments Inc.
06/27/2024 | Press release | Distributed by Public on 06/27/2024 14:06
Private Placement Form 8 K
Item 3.02 Unregistered Sales of Equity Securities.
On June 21, 2024, MGT Capital Investments, Inc. (the "Company") issued 103,500,000 shares of common stock upon the cashless exercise of 3,346,420 warrants. In issuing the securities described above, the Company relied upon the exemption from registration provided by Section 3(a)(9) of the Securities Act of 1933. Following this issuance, the Company has 1,140,670,903 shares outstanding.