Current Report Filing (8-k)
15 Novembre 2021 - 01:18PM
Edgar (US Regulatory)
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2021-11-10
2021-11-10
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): November 10, 2021
MARATHON
DIGITAL HOLDINGS, INC.
(Exact
Name of Registrant as Specified in Charter)
Nevada
|
|
001-36555
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01-0949984
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(State
or other jurisdiction
of
incorporation)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
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1180
North Town Center Drive, Suite 100
Las
Vegas, NV
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89144
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(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (800) 804-1690
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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|
|
☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Common
Stock
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MARA
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The
Nasdaq Capital Market
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FORWARD-LOOKING
STATEMENTS
This
Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively, the “Filings”)
contain or may contain forward-looking statements and information that are based upon beliefs of, and information currently available
to, Registrant’s management as well as estimates and assumptions made by Registrant’s management. When used in the Filings
the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,”
“plan” or the negative of these terms and similar expressions as they relate to Registrant or Registrant’s management
identify forward-looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject
to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results
of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize,
or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated,
expected, intended or planned.
Although
Registrant believes that the expectations reflected in the forward-looking statements are reasonable, Registrant cannot guarantee future
results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the
United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.
ITEM
1.01 Amendment to a Material Definitive Agreement
On
November 10, 2021, Marathon Digital Holdings, Inc. (the “Company”) entered into a waiver and amendment agreement (the
“Waiver”) to the Revolving Credit and Security Agreement (the “Credit Agreement”) between the Company
and Silvergate Bank, dated as of October 1, 2021. The Waiver amends a financial covenant and waives certain requirements to the indebtedness
covenant in the Credit Agreement in order to provide further financial flexibility to the Company, including by permitting the incurrence
of certain indebtedness.
A
copy of the Waiver will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ending December 31, 2021.
Item
8.01. Other Events.
On
November 15, 2021, the Company issued a press release relating to its proposed offering of Convertible Senior Notes due 2026 (the “Notes”)
to qualified institutional buyers in a transaction exempt from registration under and pursuant to Rule 144A under the Securities Act
of 1933, as amended. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by
reference in its entirety into this Item 8.01.
Neither
this Current Report on Form 8-K nor the press release constitutes an offer to sell, or the solicitation of an offer to buy, the Notes
or the shares of the Company’s common stock, if any, issuable upon conversion of the Notes.
ITEM
9.01 Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
Date:
November 15, 2021
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MARATHON
DIGITAL HOLDINGS, INC.
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By:
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/s/
Fred Thiel
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Name:
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Fred
Thiel
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Title:
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Chief
Executive Officer
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Grafico Azioni Marathon Digital (NASDAQ:MARA)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Marathon Digital (NASDAQ:MARA)
Storico
Da Mar 2023 a Mar 2024