Marathon Patent Group Announces $250.0 Million Registered Direct Offering of Common Stock
Marathon Digital Holdings, Inc. (MARA)
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm
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US:NASDAQ Investor Relations:
ir.marathonpg.com
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Source: GlobeNewswire
LAS VEGAS, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (Nasdaq:MARA) (“Marathon” or “Company”) today announced that it has entered into securities purchase agreements with several institutional investors for the purchase and sale in a registered direct offering of 12,500,000 shares of its common stock at an offering price of $20.0 per share. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The gross proceeds of this offering are expected to be $250.0 million, before deducting placement agent fees and other offering expenses payable by Marathon. The Company intends to use the net proceeds of this offering for general corporate purposes and to fund ongoing operations and expansion of its business. The offering is expected to close on or about January 15, 2021, subject to satisfaction of customary closing conditions. An automatic shelf registration statement on Form S-3 (File No. 333-252053) relating to the offering of the shares
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News
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- Marathon Digital Holdings, Inc. (NASDAQ: MARA) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Crypto prices gain to start the week following first Bitcoin halving since 2020 [CNBC]CNBC
MARA
Earnings
- 2/28/24 - Beat
MARA
Sec Filings
- 4/5/24 - Form 8-K
- 4/4/24 - Form 8-K
- 3/20/24 - Form 8-K/A
- MARA's page on the SEC website