Third transaction conditional subscription for additional Exaion shares scheduled for March 30, 2027
Company: Marathon Digital
The claim, verbatim
Subject to satisfaction of specified conditions, Mara France will subscribe for and purchase approximately 3.9 million additional ordinary shares issued by Exaion at an aggregate purchase price of approximately €110 million on March 30, 2027
Source (primary)
Marathon Digital 8-K filed 2025-08-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Subject to the satisfaction of certain specified conditions in the Investment Agreement, Mara France will subscribe for and purchase an aggregate of approximately 3.9 million additional ordinary shares to be issued and sold by Exaion at an aggregate purchase price of approximately €110 million (the "Third Transaction" and, together with the Primary Transaction and the Secondary Transaction, the "Transaction") on March 30, 2027.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K describes the conditional Third Transaction with these share count, price and date terms.
Confirmed in the source:
- The Third Transaction is subject to satisfaction of specified conditions in the Investment Agreement
- Mara France will subscribe for approximately 3.9 million additional ordinary shares issued by Exaion
- The aggregate purchase price is approximately €110 million
- The purchase is scheduled for March 30, 2027
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000164117225023015/form8-k.htm) in full (10,489 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2025-08-11
Quote: “Subject to the satisfaction of certain specified conditions in the Investment Agreement, Mara France will subscribe for and purchase an aggregate of approximately 3.9 million additional ordinary shares to be issued and sold by Exaion at an aggregate purchase price of approximately €110 million (the "Third Transaction" and, together with the Primary Transaction and the Secondary Transaction, the "Transaction") on March 30, 2027.”