Exhibit
4.3


 


DESCRIPTION
OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934


 


Unless
the context requires otherwise, the words “we,” “us,” “our,” “our company,” “our
business” “the Company” and “MGT” refer collectively to MGT Capital Investments, Inc., a Delaware
corporation, and its subsidiaries.


 


MGT
Capital Investments, Inc., has common stock registered under Section 12 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”). The authorized capital stock of MGT consists of 2,500,000,000 shares of common stock, $0.001 par
value per share, and 8,500,000 shares of preferred stock. This summary is qualified in its entirety by reference to MGT Capital
Investments, Inc.’s Amended and Restated Certificate of Incorporation (the “Charter”) and Amended and Restated
By-laws, as amended (the “By-laws”), which are incorporated herein by reference as Exhibit 3.1 and Exhibit 3.2, respectively,
to MGT Capital Investments, Inc.’s Annual Report on Form 10-K of which this Exhibit 4.3 is a part. We encourage you to read
the Charter, the By-laws and applicable provisions of the Delaware General Corporation Law (the “DGCL”) for additional
information.


 


Common
Stock


 


The
holders of common stock are entitled to one vote per share. Our Charter does not provide for cumulative voting. The holders of
our common stock are entitled to receive ratably such dividends, if any, as may be declared by the board of directors of MGT Capital
Investments, Inc. (the “Board”) out of legally available funds.


 


Upon
liquidation, dissolution or winding-up, the holders of our common stock are entitled to share ratably in all assets that are legally
available for distribution, after distributions to the holders of our preferred stock, if any. The holders of our common stock
have no preemptive, subscription, redemption or conversion rights. The rights, preferences and privileges of holders of our common
stock are subject to, and may be adversely affected by, the rights of the holders of any series of preferred stock, which may
be designated solely by action of the Board and issued in the future.


 


Antitakeover
Effects of Provisions of Charter Documents and Delaware Law


 


Charter
Documents. Our Charter, and our Bylaws, include a number of provisions that may have the effect of deterring hostile takeovers
or delaying or preventing changes in control or management of our company. First, our bylaws limit who may call special meetings
of the stockholders. Our Charter does not include a provision for cumulative voting for directors. Under cumulative voting, a
minority stockholder holding a sufficient percentage of a class of shares may be able to ensure the election of one or more directors.
Our Bylaws establish procedures, including advance notice procedures, with regard to the nomination of candidates for election
as directors and stockholder proposals. These and other provisions of our Charter and Bylaws and Delaware law could discourage
potential acquisition proposals and could delay or prevent a change in control or management of our company.


 


DGCL
Section 203. The Company is not subject to Section 203 of the DGCL, which imposes certain restrictions on transactions with
interested stockholders, as defined.


 


Listing


 


Our
common stock is traded on the OTC QB tier of OTC Markets LLC under the symbol “MGTI.”


 


Transfer
Agent and Registrar


 


The
transfer agent and registrar for our common stock is VStock Transfer, LLC. The transfer agent’s address is 18 Lafayette
Place, Woodmere, NY 11598.