jain.com

Nasdaq listing compliance deadline extended

Company: Marathon Digital

Subject kind
regulatory
Statement date
2020-04-21
Promised by
2020-12-17
Promised amount
1.0 USD
Current status
verified

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 has until December 17, 2020 to maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days

Source (primary)

Marathon Digital 8-K filed 2020-04-22 (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 8-K states that on April 20, 2020 Nasdaq notified the company that its time to meet the $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:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220006932/form8-k.htm) in full (4,313 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2020-04-22

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”

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

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.”

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

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.