Current Report Filing (8-k)
September 11 2015 - 4:56PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
September 11, 2015
MGT
Capital Investments, Inc.
(Exact name of registrant as specified in
its charter)
Delaware |
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001-32698 |
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13-4148725 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
500
Mamaroneck Avenue, Suite 204, Harrison, NY 10528
(Address of principal executive offices,
including zip code)
(914)
630-7431
(Registrant’s telephone number, including
area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.02 Termination of a Material
Definitive Agreement
As reported on a Current Report on Form
8-K filed with the Securities and Exchange Commission on July 22, 2015 by MGT Capital Investments, Inc. (the “Company”),
on July 21, 2015 MGT Sports, Inc., a wholly-owned subsidiary of the Company (“MGT Sports”), entered into a binding
memorandum of understanding (the “Memorandum”) with Kuusamo Capital Ltd. (“KCL”) to sell shares of MGT
Sports’ preferred stock to KCL for a purchase price of $250,000 and the payment to MGT Sports of $250,000.
Effective September 11, 2015, MGT Sports
and KCL terminated the Memorandum and released each other from all claims relating to the Memorandum.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MGT CAPITAL INVESTMENTS, INC. |
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Date: September 11, 2015 |
By: |
/s/ Robert B. Ladd |
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Name: Robert B. Ladd |
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Title: President and Chief Executive Officer |
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