Nasdaq compliance deadline extension
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened April 20, 2020
The claim reports that Nasdaq had already extended the compliance deadline on April 20, 2020. Compliance was later regained as of August 6, 2020 (P7).
“minimum period of 10 consecutive business days has been extended from October 5, 2020 to December 17, 2020”
2020-07-22 · Marathon Digital S-1/A filed 2020-07-23 View cached copy (2026-09-13)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Nasdaq extended company's compliance deadline for minimum bid price of $1.00 to December 17, 2020
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 20, 2020, the Company received a further notice from the Nasdaq Capital Market that the Company's time to maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days has been extended from October 5, 2020 to December 17, 2020.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states that on April 20, 2020, Nasdaq notified the company that its deadline to maintain a $1.00 minimum closing bid price for 10 consecutive business days was extended from October 5, 2020 to December 17, 2020.
Confirmed in the source:
- Nasdaq extended Marathon Patent Group's deadline to regain compliance with the $1.00 minimum closing bid price requirement
- The extended deadline is December 17, 2020 (moved from October 5, 2020), per a notice received on April 20, 2020
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 20, 2020, the Company received a further notice from the Nasdaq Capital Market that the Company's time to maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days has been extended from October 5, 2020 to December 17, 2020.”