Series A Preferred Stock Private Placement
Company: Marathon Digital
The claim, verbatim
Marathon Digital entered into a securities purchase agreement on June 5, 2023, for 15,000 shares of Series A redeemable convertible preferred stock in a private placement, with total gross proceeds of approximately $14.25 million.
Source (primary)
Marathon Digital 8-K filed 2023-06-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On June 5, 2023, Marathon Digital Holdings, Inc. (the "Company") entered into a securities purchase agreement for the purchase of 15,000 shares of Series A redeemable convertible preferred stock in a private placement... Total gross proceeds from the offering, before deducting the placement agent's fees and other estimated offering expenses, is expected to be approximately $14.25 million.”
How we checked this
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Additional evidence
confirms Marathon Digital 8-K filed 2023-06-09
Quote: “On June 5, 2023, Marathon Digital Holdings, Inc. (the "Company") entered into a securities purchase agreement for the purchase of 15,000 shares of Series A redeemable convertible preferred stock in a private placement... Total gross proceeds from the offering, before deducting the placement agent's fees and other estimated offering expenses, is expected to be approximately $14.25 million.”