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13G Filing: L2 Capital, LLC and MGT Capital Investments Inc. (MGTI)

Published on September 18, 2017 at 11:39 am by Insider Monkey Staff in Hedge Funds

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Page 2 of 5 – SEC Filing

CUSIP No. 55302P202

13G

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2 of 5 Pages


1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) L2 Capital, LLC EIN #81-4411195
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐
3.		SEC USE ONLY
4.		CITIZENSHIP OR PLACE OF ORGANIZATION United States of America, State of Kansas

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5.		SOLE VOTING POWER 4,125,257
		6.		SHARED VOTING POWER 0
		7.		SOLE DISPOSITIVE POWER 4,125,257
		8.		SHARED DISPOSITIVE POWER 0

9.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,125,257
10.		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ☐
11.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.99%¹
12.		TYPE OF REPORTING PERSON (see instructions) Accredited Investor

¹ This percentage is calculated based on approximately
41,293,864 shares of common stock outstanding as of September 8, 2017. As of September 8, 2017, L2 Capital, LLC (“L2”)
was deemed to have beneficially owned 9.99% of the common stock of MGT Capital Investments, Inc. (“Company”), as a
result of L2’s ownership of certain convertible promissory notes, which gives L2 the rights to own an aggregate number of
shares of the Company’s common stock in an amount not to exceed 9.99% of shares of common stock then outstanding.

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OTCMKTS:MGTI SEC 13G Filing L2 Capital, Llc MGT Capital Investments Inc. (MGTI)