jain.com

Renewal fee for credit facility

Company: Marathon Digital

Subject kind
financing
Statement date
2021-10-06
Promised amount
250000.0 USD
Current status
stated

The claim, verbatim

Renewal fee of 0.25% of the loan commitment ($250,000) due upon extension if Bank approves renewal

Source (primary)

Marathon Digital 8-K filed 2021-10-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “If the Bank approves a request by Company to renew the RLOC upon any maturity, then a Renewal Fee of 0.25% of the Loan Commitment (or $250,000) shall be due and payable upon extension of the Loan Commitment”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Marathon Digital 8-K filed 2021-10-07

Quote: “If the Bank approves a request by Company to renew the RLOC upon any maturity, then a Renewal Fee of 0.25% of the Loan Commitment (or $250,000) shall be due and payable upon extension of the Loan Commitment”

View cached copy (2026-09-13)Live source ↗