Nasdaq minimum bid price non-compliance
Company: Marathon Digital
The claim, verbatim
Company failed to maintain minimum closing bid price of $1.00 per share on Nasdaq
Source (primary)
Marathon Digital S-1/A filed 2020-07-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On April 6, 2020, the Company received notice from the Nasdaq Capital Market that the Company has failed to maintain a minimum closing bid price of $1.00 per share of its Common Stock over the last consecutive 30 business days”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states that as of April 6, 2020 Nasdaq notified the company it had failed to maintain the $1.00 minimum closing bid price over the prior 30 consecutive business days.
Confirmed in the source:
- The company received a notice from the Nasdaq Capital Market
- The notice said the company failed to maintain a minimum closing bid price of $1.00 per share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220013851/foms-1a.htm) in full (262,414 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-1/A filed 2020-07-23
Quote: “On April 6, 2020, the Company received notice from the Nasdaq Capital Market that the Company has failed to maintain a minimum closing bid price of $1.00 per share of its Common Stock over the last consecutive 30 business days”