MGT Capital files $10 million shelf covering stock, preferreds, debt

By Devika Patel

Knoxville, Tenn., June 22 - MGT Capital Investments, Inc. filed a $10 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, warrants, rights and units, along with 2,856,667 common shares to be sold by selling shareholders.

The preferreds may be structured as convertibles.

Proceeds will be used for general corporate purposes.

MGT Capital is a health care holding company based in London.

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