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Contingent equity compensation based on performance benchmarks

Company: Marathon Digital - Project: Hardin

Subject kind
financing
Statement date
2020-11-08
Promised amount
500000.0 shares
Current status
stated

The claim, verbatim

Marathon Patent Group may issue up to 500,000 additional shares of Common Stock based on certain performance benchmarks under the Services Agreement

Source (primary)

Marathon Digital SC 13D filed 2020-11-09 (SEC EDGAR, sec_filing)
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Quote: “The Reporting Persons may also receive up to 500,000 additional shares of Common Stock based on certain performance benchmarks under the Services Agreement”

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 SC 13D filed 2020-11-09

Quote: “The Reporting Persons may also receive up to 500,000 additional shares of Common Stock based on certain performance benchmarks under the Services Agreement”

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