MGT Capital Investments (MGT) trading halted for order imbalance
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MGT Capital (MGT) Paused for Volatility on Resumption, Up 40%+
October 22, 2012 2:35 PM EDTMGT Capital Investments (AMEX: MGT) paused for volatility upon resumption of trading. Shares are up 40.9 percent.... More
MGT Capital (MGT) Announces $5.9M Capital Raise
October 22, 2012 2:34 PM EDTMGT Capital Investments, Inc. (AMEX: MGT) has entered into two agreements with various institutional investors providing $5.9 million of capital in support of the Companys strategy to monetize intellectual property. The capital raise is comprised of the sale of $4.5 million of Series A Convertible Preferred Shares (which include Warrants to purchase MGT common stock), plus a separate sale of $1.4 million of MGT Common Stock.
Subject to the approval of NYSE MKT and other customary closing conditions, the Preferred Shares will be convertible into the Companys common stock at a fixed price of... More
