Renewal fee for credit facility
Company: Marathon Digital
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
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states a Renewal Fee of 0.25% of the Loan Commitment ($250,000) is due upon extension if the Bank approves the renewal request.
Confirmed in the source:
- Renewal fee is 0.25% of the loan commitment ($250,000)
- The renewal fee is due upon extension if the Bank approves renewal
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221024971/form8-k.htm) in full (7,300 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
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”