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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

 

May 13, 2025

Date of Report (Date of earliest event reported)

 

MGT Capital Investments, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-32698

 

13-4148725

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

2076 Foster Mill Drive

LaFayette, Georgia 30728

(Address of principal executive offices) (Zip code)

 

Registrant’s telephone number, including area code: (914) 630-7430

 

 

(Former name or former address, if changed since last report.)

 

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))

 

Securities registered pursuant to Section 12(b) of the Act: None.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01Entry into a Material Definitive Agreement.

 

MGT Capital Investments, Inc. (“Company”) and CSRE Properties LLC (“CSRE”) entered into a Purchase and Sale Agreement (“Agreement”) for the sale of property owned by the Company at 2076 Foster Miller Drive, LaFayette Georgia (“Property”) The purchase price for the Property was $1,350,000 and was paid at the closing on May 13, 2025. Under the terms of the Agreement, the Company agreed to indemnify CSRE against claims by Minerset Holdings LLC as to leasehold or occupancy rights.

 

The foregoing description of the Agreement, is not complete and is qualified in its entirety by reference to the full text of the document. A copy of the Agreement is filed herewith as Exhibit 10.1, to this Current Report on Form 8-K and is incorporated herein by reference.

 

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Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
     
10.1   Purchase and Sale Agreement, dated May 13, 2025
     
104   Cover Page Interactive Data File (formatted as Inline XBRL)

 

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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.

 

Date: May 19, 2025 MGT CAPITAL INVESTMENTS, INC.
     
  By: /s/ Paul R. Taylor
    Paul R. Taylor
    Interim Principal Executive Officer and
    Interim Principal Financial Officer

 

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