Capped call transactions to limit dilution
Company: Marathon Digital
The claim, verbatim
In connection with pricing, MARA expects to enter into privately negotiated capped call transactions covering the shares underlying the notes, intended to reduce potential dilution, with additional capped calls if the purchase option is exercised.
Source (primary)
marathon-digital 8-K exhibit (eh250657076_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “In connection with the pricing of the notes, MARA expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers and/or their respective affiliates and/or other financial institutions”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The press release describes the capped call transactions, what they cover, their dilution-reducing purpose, and the additional capped calls tied to the purchase option.
Confirmed in the source:
- MARA expects to enter into privately negotiated capped call transactions in connection with pricing the notes
- The capped calls will cover the shares of common stock underlying the notes, subject to anti-dilution adjustments
- The capped calls are expected to reduce potential dilution upon conversion
- MARA expects to enter into additional capped calls if the initial purchasers exercise their option to buy additional notes
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000095014225001988/eh250657076_ex9901.htm) in full (10,720 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (eh250657076_ex9901.htm)
Quote: “In connection with the pricing of the notes, MARA expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers and/or their respective affiliates and/or other financial institutions”