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Bi-Coastal Consulting convertible note amendment

Company: Marathon Digital

Subject kind
financing
Statement date
2020-07-22
Promised amount
999105.6 USD
Current status
stated

The claim, verbatim

Company amended convertible note to reduce conversion price to $0.60 per share with principal balance of $999,105.60

Source (primary)

Marathon Digital S-1/A filed 2020-07-23 (SEC EDGAR, sec_filing)
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Quote: “On May 19, 2020, the Company amended its note, originally dated August 31, 2017, with Bi-Coastal Consulting Defined Benefit Plan to reduce the conversion price to $0.60 per share. The current principal balance of the Note was $999,105.60”

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 S-1/A filed 2020-07-23

Quote: “On May 19, 2020, the Company amended its note, originally dated August 31, 2017, with Bi-Coastal Consulting Defined Benefit Plan to reduce the conversion price to $0.60 per share. The current principal balance of the Note was $999,105.60”

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