Non-public securities issuance approval
Company: Marathon Digital
The claim, verbatim
Approved issuance of securities in non-public offerings with maximum discount of 20% below market price of common stock
Source (primary)
Marathon Digital 8-K filed 2018-12-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “To approve the issuance of securities in one or more non-public offerings where the maximum discount at which securities will be offered will be equivalent to a discount of 20% below the market price of our common stock”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The 8-K states the proposal to issue securities in non-public offerings at a maximum 20% discount to market price, per Nasdaq Rule 5635(d), was approved (4,449,086 for, 784,046 against).
Confirmed in the source:
- Stockholders approved the issuance of securities in one or more non-public offerings
- The maximum discount is 20% below the market price of the company's common stock
- The proposal was approved at the December 11, 2018 annual meeting
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: “To approve the issuance of securities in one or more non-public offerings where the maximum discount at which securities will be offered will be equivalent to a discount of 20% below the market price of our common stock”