Nasdaq compliance period requirement
Company: Marathon Digital
What the later record shows
Delivered on time · happened August 6, 2020
The December 2020 S-3 states the company regained compliance with the $1.00 bid-price rule as of August 6, 2020, before the October 5, 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 10 consecutive business days within 180-calendar-day compliance period ending October 5, 2020
Source (primary)
Marathon Digital 8-K filed 2020-04-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Rules also provide the Company a compliance period of 180 calendar days in which to regain compliance during which time it must maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days, which must be completed by October 5, 2020”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that Nasdaq's rules give the company 180 calendar days to regain compliance by keeping a closing bid price of at least $1.00 for 10 consecutive business days, to be completed by October 5, 2020. Every part of the claim matches the filing.
Confirmed in the source:
- Marathon Patent Group was given a compliance period of 180 calendar days to regain compliance with Nasdaq's minimum bid price rule
- To regain compliance, the company must maintain a minimum closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days
- The compliance period must be completed by October 5, 2020
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220006123/form8-k.htm) in full (4,660 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2020-04-09
Quote: “the Rules also provide the Company a compliance period of 180 calendar days in which to regain compliance during which time it must maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days, which must be completed by October 5, 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.”