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Mobile Global Esports Issues Convertible Promissory Notes

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Mobile Global Esports Issues Convertible Promissory Notes

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The latest update is out from Mobile Global Esports, Inc. ( (MGAM) ).

On August 6, 2025, Mobile Global Esports, Inc. issued convertible promissory notes totaling $283,000 to an investor, with a 10% annual interest rate and a maturity date of May 30, 2026. These notes can be converted into common stock six months after issuance at a discounted market price and may be prepaid by the company under specific terms.

More about Mobile Global Esports, Inc.

Average Trading Volume: 49,280

Technical Sentiment Signal: Buy

Current Market Cap: $6.85M

For an in-depth examination of MGAM stock, go to TipRanks’ Overview page.

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