MGT Capital Investments Inc.

11/12/2024 | Press release | Distributed by Public on 11/12/2024 18:56

Initial Statement of Beneficial Ownership - Form 3

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Kittrell Grady
2. Date of Event Requiring Statement (Month/Day/Year)
2024-11-01
3. Issuer Name and Ticker or Trading Symbol
MGT CAPITAL INVESTMENTS, INC. [MGTI]
(Last) (First) (Middle)
1310 CORDOVA ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
FORT LAUDERDALE FL 33316
6. Individual or Join/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership Form: Direct (D) or Indirect (I) 4. Nature of Indirect Beneficial Ownership
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying Derivative Security 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 6. Nature of Indirect Beneficial Ownership
Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kittrell Grady
1310 CORDOVA ROAD

FORT LAUDERDALE, FL33316

X

Project Nickel LLC
1310 CORDOVA ROAD

FORT LAUDERDALE, FL33316

X

DAXvest LLC
1310 CORDOVA ROAD

FORT LAUDERDALE, FL33316

X

Signatures

/s/ Grady D. Kittrell 2024-11-08
**Signature of Reporting Person Date
/s/ Grady D. Kittrell, Manager, on behalf of Project Nickel LLC 2024-11-08
**Signature of Reporting Person Date
/s/ Grady D. Kittrell, Sole Member, on behalf of DAXvest LLC 2024-11-08
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting persons Grady D. Kittrell and DAXvest LLC disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.
(2) These shares are owned directly by Project Nickel LLC, a ten percent owner of the issuer, and indirectly by Grady D. Kittrell, the sole member and manager of DaxVest LLC, the managing member of Project Nickel LLC. Grady D. Kittrell is a ten percent owner of the issuer.
(3) Each share of Series D convertible preferred stock is convertible into common stock at any time on a one-for-one thousand basis with no expiration.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.