Nasdaq minimum equity compliance regained
Company: Marathon Digital
The claim, verbatim
Company regained compliance with Nasdaq Capital Market's minimum stockholders' equity requirement of $2.5 million through an At The Market Offering and bitcoin mining equipment acquisition; as of September 30, 2019, stockholders' equity was $3,489,345.
Source (primary)
Marathon Digital 8-K filed 2019-11-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “As of September 30, 2019, the Company's Stockholder's Equity was $3,489,345... the Company believes it has regained compliance with the stockholders' equity requirement based upon the specific transactions and events referenced above.”
How we checked this
Checked on September 23, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the $3,489,345 equity figure and the transactions the company relied on. However, it records only the company's belief that it regained compliance, not a confirmation from Nasdaq.
Confirmed in the source:
- Nasdaq Capital Market's continued listing rule required a minimum of $2.5 million in stockholders' equity
- As of September 30, 2019, the company's stockholders' equity was $3,489,345
- The company cited transactions including its At The Market Offering and its purchase of bitcoin mining machines as the basis for compliance
- The company stated that it believes it has regained compliance with the stockholders' equity requirement
We could not confirm this from the cited source:
- That the company actually regained compliance, as opposed to stating its belief that it had; the filing notes that Nasdaq will continue to monitor compliance and does not record a Nasdaq determination
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315219016841/form8-k.htm) in full (7,474 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2019-11-12
Quote: “As of September 30, 2019, the Company's Stockholder's Equity was $3,489,345... the Company believes it has regained compliance with the stockholders' equity requirement based upon the specific transactions and events referenced above.”