Nasdaq listing 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, before the 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 a minimum closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days to comply with Nasdaq Capital Market listing rules
Source (primary)
Marathon Digital 10-Q filed 2020-05-14 (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 10-Q states that Nasdaq notified the company it had failed the $1.00 minimum bid price rule and that it must keep a closing bid of at least $1.00 for 10 consecutive business days to regain compliance, with the deadline extended to December 17, 2020.
Confirmed in the source:
- The company must maintain a minimum closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days to regain compliance.
- The requirement relates to Nasdaq Capital Market listing rules (Rule 5550(a)(2)), following an April 6, 2020 deficiency notice.
- The deadline to regain compliance was extended from October 5, 2020 to December 17, 2020.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220008746/form10-q.htm) in full (63,926 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-Q filed 2020-05-14
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.”