Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MGTI | Common Stock | 1.35B | Nov 1, 2024 | By Project Nickel LLC | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | MGTI | Series D Convertible Preferred Stock | Nov 1, 2024 | Common Stock | 650M | $0.00 | By Project Nickel LLC | F2, F3 |
Id | Content |
---|---|
F1 | The reporting persons Grady D. Kittrell and DAXvest LLC disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein. |
F2 | These shares are owned directly by Project Nickel LLC, a ten percent owner of the issuer, and indirectly by Grady D. Kittrell, the sole member and manager of DaxVest LLC, the managing member of Project Nickel LLC. Grady D. Kittrell is a ten percent owner of the issuer. |
F3 | Each share of Series D convertible preferred stock is convertible into common stock at any time on a one-for-one thousand basis with no expiration. |