Nasdaq minimum closing bid price compliance deadline
Company: Marathon Digital
What the later record shows
Delivered on time · happened August 6, 2020
The company regained Nasdaq bid-price compliance as of August 6, 2020, well before the extended December 17, 2020 deadline.
“As of August 6, 2020, the Company 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.”
2020-12-10 · Marathon Digital S-3 filed 2020-12-11 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
Company must maintain minimum closing bid price of at least $1.00 per share for 10 consecutive business days by December 17, 2020
Source (primary)
Marathon Digital S-1 filed 2020-06-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “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 Nasdaq extended the company's deadline to maintain a $1.00 minimum closing bid price for 10 consecutive business days from October 5, 2020 to December 17, 2020, matching every element of the claim.
Confirmed in the source:
- The company must maintain a minimum closing bid price of at least $1.00 per share
- The minimum bid price must be maintained for a minimum period of 10 consecutive business days
- The deadline to do so is December 17, 2020 (extended from October 5, 2020 by a Nasdaq notice received April 20, 2020)
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220012113/foms-1.htm) in full (261,086 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-1 filed 2020-06-29
Quote: “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”
confirms Marathon Digital S-3 filed 2020-12-11
Quote: “As of August 6, 2020, the Company 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.”