MGT Capital raises $100,000 in private share placement
MGTI•MGT Capital Investments raised $100,000 by selling 100 million common shares to two accredited investors at $0.001 per share. The offering targets up to $225,000 and is scheduled to close December 31, 2026, with a possible 30-day extension.
1. Private placement
MGT Capital Investments raised $100,000 through an unregistered sale of 100 million common shares to two accredited investors. The offering targets up to $225,000 at $0.001 per share, and net proceeds will fund general working capital.
2. Offering terms
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.
