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Cryptocurrency patent acquisition from XpresSpa Group

Company: Marathon Digital

Subject kind
acquisition
Statement date
2019-07-01
Promised amount
250000.0 USD
Current status
stated

The claim, verbatim

Acquired four patents for $250,000 cash and 62,500 shares of common stock

Source (primary)

Marathon Digital S-3/A filed 2019-07-02 (SEC EDGAR, sec_filing)
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Quote: “the Seller agreed to irrevocably assign, sell, grant, transfer and convey... the exclusive right, title and interest in and to four patents... As consideration for the Assigned IP, the Seller received (i) payment in the amount of $250,000 from CCPHC and (ii) 62,500 shares of common stock”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Marathon Digital S-3/A filed 2019-07-02

Quote: “the Seller agreed to irrevocably assign, sell, grant, transfer and convey... the exclusive right, title and interest in and to four patents... As consideration for the Assigned IP, the Seller received (i) payment in the amount of $250,000 from CCPHC and (ii) 62,500 shares of common stock”

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