MGT Capital Investments, Inc. (OTC: MGTI), an OTC-listed public company, completed a $300,000 preferred stock financing through the sale of shares of MGT Capital’s preferred stock to B. Riley and other accredited investors.

The transaction provided MGT Capital with additional equity capital through the issuance of its preferred shares.

Lucosky Brookman LLP represented MGT Capital Investments, Inc. as issuer in connection with the preferred stock financing.