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Global Bit Ventures merger terminated

Company: Marathon Digital

Subject kind
acquisition
Statement date
2018-06-28
Current status
stated

The claim, verbatim

Company determined not to extend the second extension date for closing of the proposed merger with Global Bit Ventures; the present closing date expired as of June 28, 2018

Source (primary)

Marathon Digital 8-K filed 2018-06-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “the Company issued a press release announcing, among other things, that they had determined not to extend the second extension date for closing of the Company's proposed merger with Global Bit Ventures. Accordingly, as of June 28, 2018, the present date set for closing of the merger expired.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The filing states that the company chose not to extend the second extension date and that the closing date expired as of June 28, 2018. It describes the closing date lapsing and does not use the word 'terminated'.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315218009445/form8-k.htm) in full (3,305 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2018-06-29

Quote: “the Company issued a press release announcing, among other things, that they had determined not to extend the second extension date for closing of the Company's proposed merger with Global Bit Ventures. Accordingly, as of June 28, 2018, the present date set for closing of the merger expired.”

View cached copy (2026-09-13)Live source ↗