SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 14th, 2022 • MGT Capital Investments, Inc. • Services-computer processing & data preparation • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of September 12, 2022, by and between MGT Capital Investment, Inc., a Delaware corporation (the “Company”), and each lender party that executes the signature page hereto as a purchaser (each, a “Purchaser” and collectively, the “Purchasers”).
EXHIBIT B Form of WarrantMGT Capital Investments, Inc. • September 14th, 2022 • Services-computer processing & data preparation
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Project Nickel LLC, or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the third year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from MGT Capital Investments, Inc., a Delaware corporation (the “Company”), up to a number of shares of Common Stock equal to 60% of the Conversion Shares issuable under the Note for each of the three (3) price tranches set forth in Section 2(b) (without taking into account the Beneficial Ownership Limitation) (subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Warrant Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warran
