Mgt Capital Investments, INC Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
OID
Project Nickel LLC, along with DAXvest LLC and Grady D. Kittrell, has increased its beneficial ownership of MGT Capital Investments, Inc. common stock to over 51.66%, primarily through a series of complex debt and warrant exchanges.
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MGT Capital Investments, Inc. sees a significant ownership update as Project Nickel LLC, managed by DAXvest LLC and ultimately controlled by Grady D. Kittrell, now holds over 51.87% of the company's common stock following a series of debt and equity exchanges.
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MGT Capital Investments, Inc. issued 500 million shares to director Michael G. Onghai, settling $56,000 in accrued fees and increasing his beneficial ownership to 11.5%.
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Project Nickel LLC, along with DAXvest LLC and Grady D. Kittrell, has increased its beneficial ownership in MGT Capital Investments, Inc. to 66.9% through a series of debt-to-equity conversions and exchanges.