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Pending share issuance for mining equipment acquisition

Company: Marathon Digital

Subject kind
financing
Statement date
2019-11-07
Promised by
2019-11-15
Promised amount
1852477.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No passage mentions the November 15, 2019 special meeting or the issuance of the 1,058,558 shares.

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 will issue 1,058,558 common shares at $1.75 per share upon shareholder approval at Special Shareholders Meeting on November 15, 2019

Source (primary)

Marathon Digital 10-Q filed 2019-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “upon receipt of shareholder approval, at the Special Shareholders Meeting on November 15, 2019, the Company will issue the balance of the 1,058,558 unregistered common stock shares”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The 10-Q states the balance of 1,058,558 shares will be issued at $1.75 per share upon shareholder approval at the November 15, 2019 Special Shareholders Meeting.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315219016714/form10-q.htm) in full (72,529 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 10-Q filed 2019-11-08

Quote: “upon receipt of shareholder approval, at the Special Shareholders Meeting on November 15, 2019, the Company will issue the balance of the 1,058,558 unregistered common stock shares”

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.