30% waterfall interest in patent special purpose entity
Company: Marathon Digital
The claim, verbatim
Owns 30% waterfall interest in special purpose entity holding patent rights including RPI '798 Patent
Source (primary)
Marathon Digital S-3/A filed 2019-07-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we transferred ownership of various patents, including the '798 Patent, to a special purpose entity in which we own a 30% interest... the special purpose entity could be entitled to 30% of the net proceeds”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing describes a 30% 'waterfall' on the RPI '798 Patent and a 30% interest in the special purpose entity that received the transferred patents, including the '798 Patent.
Confirmed in the source:
- The company transferred ownership of various patents, including Rensselaer Polytechnic Institute's '798 Patent, to a special purpose entity
- The company owns a 30% interest in that special purpose entity (CF Dynamic Advances LLC)
- The company describes a 30% 'waterfall' on the '798 Patent
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315219010149/forms-3a.htm) in full (159,981 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-3/A filed 2019-07-02
Quote: “we transferred ownership of various patents, including the '798 Patent, to a special purpose entity in which we own a 30% interest... the special purpose entity could be entitled to 30% of the net proceeds”