Project sale process if buyer does not proceed post-audit
Company: Marathon Digital
The claim, verbatim
If audit occurs and buyer elects not to proceed with Project, parties will market the Project for sale to third parties with Seller having right of first offer and proceeds distributed per agreed waterfall
Source (primary)
Marathon Digital 8-K filed 2026-09-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “the Amendment provides that the parties will market the Project for sale to a third party, subject to a right of first offer in favor of Seller, in event of the occurrence of certain trigger events relating to the Audit and Buyer's election to not proceed with the Project. The net proceeds of any such sale to be distributed between the parties in accordance with an agreed waterfall.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Marathon Digital 8-K filed 2026-09-25
Quote: “the Amendment provides that the parties will market the Project for sale to a third party, subject to a right of first offer in favor of Seller, in event of the occurrence of certain trigger events relating to the Audit and Buyer's election to not proceed with the Project. The net proceeds of any such sale to be distributed between the parties in accordance with an agreed waterfall.”