|8-KFeb 10, 5:18 PM ET

MGT CAPITAL INVESTMENTS, INC. 8-K

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MGT Capital Investments Completes Additional $375K Private Placement

What Happened
MGT Capital Investments, Inc. (MGTI) announced it completed an additional private placement under previously disclosed Securities Purchase and Subscription Agreements. On January 29, 2026, the company raised $375,000 by selling common stock at $0.001 per share, bringing the total raised under the offering to $675,000.

Key Details

  • The additional private placement closed on January 29, 2026 for $375,000; total raised to date under the agreements is $675,000.
  • Purchase price and par value: common stock sold at $0.001 per share (par value $0.001).
  • Implied shares issued: 375,000,000 shares in this tranche (675,000,000 shares total issued under the offering) based on the $0.001 per-share price.
  • Securities were sold in a private, unregistered placement pursuant to Securities Purchase Agreements and Subscription Agreements; proceeds designated for general working capital.

Why It Matters
This filing confirms immediate financing activity and provides working capital for the company. For investors, the low per-share price and large number of shares issued can significantly increase the company’s outstanding share count and dilute existing shareholders. Also, because the shares were issued in an unregistered private placement, they are subject to resale restrictions.