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Convertible notes offering expected closing

Company: Marathon Digital

Subject kind
financing
Statement date
2024-08-12
Promised by
2024-08-14
Promised amount
250000000.0 USD
Current status
verified

What the later record shows

Delivered; the record does not say when

The 10-Q for Q3 2024 shows the 2.125% Convertible Senior Notes due 2031 were issued in August 2024, upsized to $300.0 million from the planned $250 million. No passage gives the exact closing day, so it cannot be confirmed that the offering closed on August 14.

“$ 300.0 million aggregate principal amount of 2.125 % Convertible Senior Notes due 2031 (the “2031 Notes”)”
2024-11-11 · Marathon Digital 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗
“2026 Notes 2031 Notes Issuance Date November 2021 August 2024 Maturity Date December 1, 2026 September 1, 2031”
2024-11-11 · Marathon Digital 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗

Checked October 31, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The convertible notes offering is expected to close on August 14, 2024, subject to customary closing conditions.

Source (primary)

marathon-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗

Quote: “The offering is expected to close on August 14, 2024, subject to satisfaction of customary closing conditions.”

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 exhibit (ex99-2.htm)

Quote: “The offering is expected to close on August 14, 2024, subject to satisfaction of customary closing conditions.”

View cached copy (2026-10-31)Live source ↗

confirms Marathon Digital 10-Q filed 2024-11-12

Quote: “$ 300.0 million aggregate principal amount of 2.125 % Convertible Senior Notes due 2031 (the “2031 Notes”)”

View cached copy (2026-08-31)Live source ↗

Record of changes

October 31, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 31, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.