4//SEC Filing
Kittrell Grady 4
Accession 0001493152-25-015004
CIK 0001001601other
Filed
Sep 24, 8:00 PM ET
Accepted
Sep 25, 8:13 PM ET
Size
13.8 KB
Accession
0001493152-25-015004
Insider Transaction Report
Form 4
DAXvest LLC
10% Owner
Transactions
- Purchase
Common Stock
2025-09-22+650,000,000→ 2,500,000,000 total(indirect: By LLC) - Purchase
8% Secured Convertible Note due 12/31/2027
2025-09-22→ 1,220,240,000 total(indirect: By LLC)Exercise: $0.00→ Common Stock (1,220,240,000 underlying) - Purchase
Common Stock
2025-09-22+500,000,000→ 1,850,000,000 total(indirect: By LLC)
Holdings
- 200,000
Common Stock
Kittrell Grady
10% Owner
Transactions
- Purchase
8% Secured Convertible Note due 12/31/2027
2025-09-22→ 1,220,240,000 total(indirect: By LLC)Exercise: $0.00→ Common Stock (1,220,240,000 underlying) - Purchase
Common Stock
2025-09-22+500,000,000→ 1,850,000,000 total(indirect: By LLC) - Purchase
Common Stock
2025-09-22+650,000,000→ 2,500,000,000 total(indirect: By LLC)
Holdings
- 200,000
Common Stock
Project Nickel LLC
10% Owner
Transactions
- Purchase
Common Stock
2025-09-22+650,000,000→ 2,500,000,000 total(indirect: By LLC) - Purchase
Common Stock
2025-09-22+500,000,000→ 1,850,000,000 total(indirect: By LLC) - Purchase
8% Secured Convertible Note due 12/31/2027
2025-09-22→ 1,220,240,000 total(indirect: By LLC)Exercise: $0.00→ Common Stock (1,220,240,000 underlying)
Holdings
- 200,000
Common Stock
Footnotes (4)
- [F1]Project Nickel LLC exchanged a promissory note with a $1,220,240 principal balance for (i) a new secured convertible note with identical principal, 8% interest, and a December 31, 2027 maturity, and (ii) 500,000,000 newly issued shares of Common Stock.
- [F2]650,000 shares of Series D Preferred Stock, par value $0.001 per share, held by Project Nickel LLC were converted into 650,000,000 shares of Common Stock.
- [F3]These securities are directly held by Project Nickel LLC. DAXvest LLC is the managing member of Project Nickel LLC and Mr. Kittrell is the sole member and manager of DAXvest LLC. DAXvest LLC and Mr. Kittrell disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]The secured convertible note is convertible at any time until the note is no longer outstanding at a conversion price of $0.001 per share.
Documents
Issuer
MGT CAPITAL INVESTMENTS, INC.
CIK 0001001601
Entity typeother
Related Parties
1- filerCIK 0001765416
Filing Metadata
- Form type
- 4
- Filed
- Sep 24, 8:00 PM ET
- Accepted
- Sep 25, 8:13 PM ET
- Size
- 13.8 KB