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Stock Market & Financial Investment News

News Breaks
November 30, 2012
16:26 EDTMGTMGT Capital files to sell 4.14M shares of common stock for holders
News For MGT From The Last 14 Days
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September 29, 2014
09:07 EDTMGTMGT Capital announces settlement agreement with Iroquois Master Fund
MGT Capital announced that it has reached an agreement with Iroquois Master Fund and certain of its affiliates under which a new independent director proposed by Iroquois will stand for election in place of a management member on the company's board. As part of the agreement, at the Company's 2014 Annual Meeting, Iroquois will vote all of its shares in support of the slate of four directors consisting of current directors H. Robert Holmes, Michael Onghai and Robert Ladd, and the new independent director nominee Joshua Silverman, a co-founder of Iroquois Capital. The agreement also includes standstill provisions and the reimbursement of up to $100,000 of certain Iroquois expenses.

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