Convertible notes conversion rate and price
Company: Marathon Digital
The claim, verbatim
Notes are convertible at initial conversion rate of 38.5902 shares per $1,000 principal amount, equivalent to initial conversion price of approximately $25.9133 per share
Source (primary)
Marathon Digital 8-K filed 2024-11-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The notes are convertible into shares of the Company's common stock at an initial conversion rate of 38.5902 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $25.9133 per share of common stock).”
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 2024-11-21
Quote: “The notes are convertible into shares of the Company's common stock at an initial conversion rate of 38.5902 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $25.9133 per share of common stock).”