Form 8-K - Current report
15 Outubro 2024 - 6:25PM
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2024-10-15
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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): October 15, 2024
MARA
HOLDINGS, INC.
(Exact
name of Registrant as Specified in Its Charter)
Nevada |
|
001-36555 |
|
01-0949984 |
(State
or Other Jurisdiction
of
Incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
101
NE Third Avenue, Suite 1200
Fort
Lauderdale, FL 33301
(Address
of principal executive offices and zip code)
(800)
804-1690
(Registrant’s
telephone number, including area code)
Not
Applicable
(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) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock |
|
MARA |
|
The
Nasdaq Capital Market |
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. ☐
Item
7.01. Regulation FD Disclosure.
On
October 15, 2024, MARA Holdings, Inc. (the “Company”) issued a press release announcing that it has secured a $200 million
line of credit, collateralized by a portion of the Company’s bitcoin holdings. A copy of the press release is furnished as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated into this Item 7.01 by reference.
The
information contained in Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item
9.01. Financial Statements and Exhibits.
(d)
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 hereunto duly authorized.
|
MARA
HOLDINGS, INC. |
|
|
Date:
October 15, 2024 |
By: |
/s/
Zabi Nowaid |
|
Name: |
Zabi
Nowaid |
|
Title: |
General
Counsel and Corporate Secretary |
Exhibit
99.1
MARA
Announces Access to $200M Line of Credit
Fort
Lauderdale, FL, Oct. 15, 2024 -- MARA (NASDAQ: MARA) (“MARA” or the “Company”), a global leader
in leveraging digital asset compute to support the energy transformation, today
announced that it has secured a $200 million line of credit, collateralized by a portion of its bitcoin holdings. MARA may use the funds
to capitalize on strategic opportunities and for other general corporate purposes.
Investor
Notice
Investing
in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties
and forward-looking statements described under the heading “Risk Factors” in our most recent annual report on Form 10-K and
any other periodic reports that we may file with the U.S. Securities and Exchange Commission (the “SEC”). If any of these
risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our
securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only
ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations.
In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be
used to anticipate results in the future. See “Forward-Looking Statements” below.
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements
of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,”
“anticipate,” “expect,” “intend,” “believe,” “continue,” “target”
and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related
to our anticipated use of proceeds. Such forward-looking statements are based on management’s current expectations about future
events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those
expressed or implied in our forward-looking statements. Subsequent events and developments, including actual results or changes in our
assumptions, may cause our views to change. We do not undertake to update our forward-looking statements except to the extent required
by applicable law. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements
included herein are expressly qualified in their entirety by these cautionary statements. Our actual results and outcomes could differ
materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, the
factors set forth under the heading “Risk Factors” in our most recent annual report on Form 10-K, and any other periodic
reports that we may file with the SEC.
About
MARA
MARA
(NASDAQ:MARA) is a global leader in digital asset compute that develops and deploys innovative technologies to build a more sustainable
and inclusive future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting
clean, stranded, or otherwise underutilized energy into economic value.
For
more information, visit www.mara.com, or follow us on:
Twitter:
@MarathonDH
LinkedIn: www.linkedin.com/company/marathon-digital-holdings
Facebook: www.facebook.com/MarathonDigitalHoldings/
Instagram: @marathondigitalholdings
MARA Company Contact:
Telephone: 800-804-1690
Email: ir@mara.com
MARA
Media Contact:
Email:
marathon@wachsman.com
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