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Reverse stock split authorization

Company: Marathon Digital

Subject kind
financing
Statement date
2018-12-11
Promised by
2018-12-31
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No passage says whether a reverse stock split was implemented before December 31, 2018. The exhibit index cites an April 8, 2019 8-K but does not say what it was.

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

Board authorized to implement a reverse stock split at a ratio between 1-for-2 and 1-for-10 at any time prior to December 31, 2018

Source (primary)

Marathon Digital 8-K filed 2018-12-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “authorization of the Board, without further action of the stockholders, to amend the Articles of Incorporation to implement a reverse stock split of our capital stock, at a ratio within the range of 1-for-2 to 1-for-10 at any time prior to December 31, 2018”

How we checked this

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

The 8-K reports that at the December 11, 2018 annual meeting, stockholders approved authorizing the Board to effect a reverse stock split at a ratio between 1-for-2 and 1-for-10 at any time before December 31, 2018.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315218017397/form8-k.htm) in full (5,170 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2018-12-12

Quote: “authorization of the Board, without further action of the stockholders, to amend the Articles of Incorporation to implement a reverse stock split of our capital stock, at a ratio within the range of 1-for-2 to 1-for-10 at any time prior to December 31, 2018”

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.