Press Releases
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May 21, 2013 |
MGT Capital Investments Announces First Quarter 2013 Results and Outlook
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HARRISON, N.Y., May 21, 2013 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), announced today financial results for the first quarter of 2013. The Company reported basic earnings per share of $0.33 ($0.24 per share, fully diluted), versus a net loss of $0.22 per share in the corresponding quarter of 2012. The Company cautions invest...
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Apr 22, 2013 |
MGT Capital Investments, Inc. to Acquire Majority Stake in Fantasy Sports Wagering Business
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HARRISON, N.Y., April 22, 2013 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), announced today that its wholly owned subsidiary, MGT Sports, Inc., has reached an agreement to acquire a controlling interest in FanTD LLC, marking the Company's initial venture in the online and mobile gaming and wagering space.
(Logo: http://ph...
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Apr 9, 2013 |
MGT Capital Investments, Inc. Comments on Recent Trading Activity of Its Common Stock
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HARRISON, N.Y., April 9, 2013 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) said today that there have been no material undisclosed developments that would account for the recent increase in the price and volume of its common stock. Yesterday, NYSE MKT notified the Company of unusual trading activity in its stock, and the Exchange r...
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Jan 31, 2013 |
MGT Capital Investments, Inc. Engages Munich Innovation Group to Sell MGT's Legacy Medical Imaging Patents
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- Company Intends to Deploy Proceeds into Acquisitions of Monetizable
Intellectual Property -
HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE MKT: MGT), announced today it
retained Munich
Innovation Group to license or sell MGT's portfolio of international
...
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Dec 10, 2012 |
MGT Capital Investments Regains NYSE MKT Listing Compliance
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HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today receipt of
a letter from NYSE Regulation dated December 6, 2012. In the letter, the
Company was informed that based upon review of publicly available
information, including MGT filings with the Securities and Exchange
...
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Dec 6, 2012 |
MGT Capital Investments Announces Shareholders' Equity of $6.8 Million
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HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today pro-forma
Stockholders' Equity as of September 30, 2012 which incorporates a
number of financial transactions that occurred subsequent to the end of
the Company's third quarter. As part of its 2012 third quarter re...
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Nov 2, 2012 |
MGT Capital Investments Files Patent Infringement Lawsuit Against Caesars Entertainment, MGM Resorts, WMS Gaming, Penn National Gaming and Aruze Gaming
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HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today
its majority-owned subsidiary, MGT Gaming, Inc. ("MGT Gaming"), has
filed a lawsuit claiming patent infringement against multiple companies
believed to be violating MGT Gaming's United States Patent No. 7,892,088
...
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Nov 2, 2012 |
MGT Capital Investments, Inc. Closes $5.9 Million In Equity Financings
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- Company Plans To Begin Enforcement of Current Intellectual
Property Rights And Accelerate Its Pursuit to Acquire Additional
Monetizable IP -
HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today the
closing of two separate equity finan...
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Oct 22, 2012 |
MGT Capital Investments, Inc. Strengthens Balance Sheet with Two Financing Transactions
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HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today that
it has entered into two agreements with various institutional investors
providing $5.9 million of capital in support of the Company's strategy
to monetize intellectual property. The capital raise is comprised ...
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Oct 12, 2012 |
MGT Capital Investments, Inc. Receives Delisting Notice from NYSE MKT Expects to Appeal the Staff's Determination with Plan to Meet Exchange Standards
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Company Intends to Improve Flexibility as it Continues Strategy to
Monetize Intellectual Property
HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today that
the Company received a notice dated October 5, 2012 from the NYSE MKT
(the "Exch...
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Oct 8, 2012 |
MGT Capital Investments, Inc. Announces Intent to Pay Off its Notes Ahead of December 2013 Maturity
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HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced that on
October 6, 2012, it entered into a binding exchange agreement with the
holders of its Convertible Notes. On Closing, the Company will have
repaid the entire $3.5 million issue at face value with $3.5 million in
...
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Jun 1, 2012 |
MGT Capital Investments, Inc. Selects Nixon & Vanderhye P.C. to Pursue Infringement Claims
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Company also announces closings of capital raise and gaming patent
acquisition
HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today that
it has retained Nixon & Vanderhye P.C., a nationally ranked IP
litigation law firm, to support the ...
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May 29, 2012 |
MGT Capital Investments, Inc. Strengthens Balance Sheet with Institutional Investment
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Supports Strategy to Monetize Intellectual Property
HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-MKT: MGT.BC), announced today that
it has entered into an agreement with a leading institutional investor
providing $3.5 million of capital in support of the Company's st...
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May 18, 2012 |
Company makes patents its game
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Please click here to see the article entitled "Company makes patents its game" from westfaironline.com....
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May 10, 2012 |
MGT Capital Investments, Inc. Announces Gaming Patent Acquisition
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Commences Strategy to Monetize Intellectual Property
HARRISON, N.Y.--(BUSINESS WIRE)--
MGT Capital Investments, Inc. (NYSE-AMEX: MGT.BC), announced today
strategic actions to capitalize on opportunities in the business of
monetizing intellectual property. After several months of examining ho...
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Mar 29, 2012 |
MGT Capital Investments, Inc. Comments on Recent Price Movement in Its Common Stock
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NEW YORK--(BUSINESS WIRE)--
MGT Capital Investments, Inc. ("MGT or the "Company") (NYSE Amex:
MGT.BC) said today that there have been no material undisclosed
developments which would account for the recent increase in the price of
its common stock. The Company was notified today by the NYSE Amex of
unusu...
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Mar 16, 2012 |
MGT Capital Investments, Inc. Announces Administrative Change to Proposed Reverse/Forward Stock Split
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NEW YORK--(BUSINESS WIRE)--
MGT Capital Investments, Inc.'s ("MGT or the "Company") (NYSE Amex:
MGT.BC) was notified on March 15, 2012 by NYSE Amex LLC ("NYSE Amex")
that the Company was expected to require that Company shareholders
surrender their share certificates upon the effectiveness of the
Company...
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Feb 23, 2012 |
MGT Capital Investments, Inc.: NYSE AMEX LLC Receives Extension Related to Plan of Compliance
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NEW YORK--(BUSINESS WIRE)--
MGT Capital Investments, Inc. ("MGT" or "the Company") (AMEX: MGT.BC), a
holding company with operations in the healthcare industry, today
announced that on February 17, 2012 it received notice from the staff of
the NYSE Amex LLC (the "Exchange") that the Company was granted an
...
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Jan 31, 2012 |
MGT Capital Investments, Inc.: NYSE AMEX LLC Accepts Plan of Compliance Related to Lack of Shareholder Meeting in 2011
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Company intends to hold an annual meeting of shareholders by the end
of May 2012
NEW YORK--(BUSINESS WIRE)--
MGT Capital Investments, Inc. ("MGT" or "the Company") (AMEX: MGT.BC), a
holding company with operations in the healthcare industry, today
announced that on January 26, 2012 ...
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Jan 12, 2012 |
MGT Names Robert Ladd as President and Chief Executive Officer
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NEW YORK--(BUSINESS WIRE)--
MGT Capital Investments, Inc. ("MGT," "We," or "the Company") (AMEX: MGT
- News),
a holding company with operations in the healthcare industry, today
announced that Robert Ladd has been named President and Chief Executive
Officer, effective January 9, 2012. Mr. Ladd had previo...
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