Nasdaq listing rule compliance violation
Company: Marathon Digital
The claim, verbatim
The company failed to maintain the minimum $2,500,000 in stockholders' equity required by Nasdaq Capital Market Listing Rule 5550(b)(1)
Source (primary)
Marathon Digital 8-K filed 2019-05-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company has failed to maintain a minimum of $2,500,000 in stockholders' equity for continued listing as required under Listing Rule 5550(b)(1)”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states that Nasdaq notified the company it had failed to maintain the $2,500,000 minimum stockholders' equity required under Listing Rule 5550(b)(1). Its Form 10-Q for the period ended March 31, 2019 reported equity of $2,158,192.
Confirmed in the source:
- Marathon Patent Group failed to maintain the minimum $2,500,000 in stockholders' equity required for continued listing
- The requirement is under Nasdaq Capital Market Listing Rule 5550(b)(1)
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315219008246/form8-k.htm) in full (4,623 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2019-05-24
Quote: “the Company has failed to maintain a minimum of $2,500,000 in stockholders' equity for continued listing as required under Listing Rule 5550(b)(1)”