Series A Preferred Stock Conversion Price
Company: Marathon Digital
The claim, verbatim
Each share of Series A preferred stock is convertible into common stock at $14.52 per share at the option of the holder following receipt of stockholder approval for authorized share increase
Source (primary)
Marathon Digital 8-K filed 2023-06-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Each share of Series A preferred stock is convertible into shares of the Company's common stock at an initial conversion price of $14.52 per share, at the option of the holder, at any time following the Company's receipt of stockholder approval for an increase in its authorized shares of common stock.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms the $14.52 conversion price, holder-optional conversion, and the stockholder-approval condition.
Confirmed in the source:
- Each Series A preferred share is convertible into common stock at $14.52 per share
- Conversion is at the option of the holder following stockholder approval of an authorized share increase
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223020772/form8-k.htm) in full (9,587 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2023-06-09
Quote: “Each share of Series A preferred stock is convertible into shares of the Company's common stock at an initial conversion price of $14.52 per share, at the option of the holder, at any time following the Company's receipt of stockholder approval for an increase in its authorized shares of common stock.”