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Company claims regained Nasdaq compliance as of August 6, 2020

Company: Marathon Digital

Subject kind
regulatory
Statement date
2020-08-13
Promised amount
1.0 USD
Current status
stated

The claim, verbatim

As of August 6, 2020, company believes it has regained compliance with Nasdaq Rule 5550(a)(2) with closing bid price in excess of $1.00 per share for past ten trading days

Source (primary)

Marathon Digital 10-Q filed 2020-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “As of August 6, 2020, the Company believes it has regained compliance with Rule 5550(a)(2) as the closing bid price has been in excess of $1.00 per share for the past ten trading days.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The filing states the company believes it regained compliance as of August 6, 2020 because its closing bid price exceeded $1.00 for ten trading days.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220015625/form10-q.htm) in full (72,013 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 10-Q filed 2020-08-14

Quote: “As of August 6, 2020, the Company believes it has regained compliance with Rule 5550(a)(2) as the closing bid price has been in excess of $1.00 per share for the past ten trading days.”

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