MGT Capital Raises $100,000 in Private Share Placement

Bitget2026/11/04 23:27

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MGT Capital Investments raised $100,000 through an unregistered sale of 100,000,000 common shares to two accredited investors.
The private placement targets up to $225,000 at $0.001 per share.
Purchase agreements were signed between October 29 and October 30, 2026.
The offering is scheduled to close December 31, 2026, with a possible 30-day extension.
Net proceeds will fund general working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGT Capital Investments Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-049995), on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MGT Capital Raises $100,000 in Private Share Placement

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