Earliest redemption date for convertible notes
Company: Marathon Digital
The claim, verbatim
Company may redeem notes on or after March 5, 2028 if stock price has been at least 130% of conversion price for 20 trading days during any 30 consecutive trading day period
Source (primary)
Marathon Digital 8-K filed 2024-11-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Prior to March 5, 2028, the Company may not redeem the notes. The Company may redeem for cash all or any portion of the notes, at its option, on or after March 5, 2028 if the last reported sale price of the Company's common stock has been at least 130% of the conversion price then in effect for at least 20 trading days”
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: “Prior to March 5, 2028, the Company may not redeem the notes. The Company may redeem for cash all or any portion of the notes, at its option, on or after March 5, 2028 if the last reported sale price of the Company's common stock has been at least 130% of the conversion price then in effect for at least 20 trading days”