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Mobile Global Esports Issues Convertible Promissory Note

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Mobile Global Esports Issues Convertible Promissory Note

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

On September 16, 2025, Mobile Global Esports, Inc. issued a convertible promissory note worth $150,000 to an investor, with an interest rate of 6% per annum and a maturity date set for September 15, 2026. This financial move allows the note to be converted into the company’s common stock six months post-issuance, potentially impacting the company’s stock market dynamics and offering strategic financial flexibility.

More about Mobile Global Esports, Inc.

Mobile Global Esports, Inc. operates in the esports industry, focusing on mobile gaming and competitive esports events.

Average Trading Volume: 43,123

Technical Sentiment Signal: Buy

Current Market Cap: $5.7M

Find detailed analytics on MGAM stock on TipRanks’ Stock Analysis page.

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