---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-003068"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:49:17.706949+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Comstock Fuels signs non-binding term sheet with Marathon for potential equity, offtake, and JV agreements

## Summary
- Marathon to contribute assets and cash to Comstock Fuels for equity on same terms as Series A financing.
- Marathon will offtake advanced biomass-based intermediates and fuels from Comstock Fuels' planned demo facility.
- Marathon will provide support services in exchange for a warrant to purchase additional equity in Comstock Fuels.
- Term sheet binding on economic terms until definitive agreements or termination by June 30, 2025.
- Comstock Fuels and Marathon not obligated to execute final agreements if terms not finalized.

## SEC filing metadata
- accession: 0001437749-25-003068
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000143774925003068/0001437749-25-003068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000143774925003068/lode20250206_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-003068
- JSON: https://secwatch.observer/filing/0001437749-25-003068.json
- Plain text: https://secwatch.observer/filing/0001437749-25-003068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.