{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-020772","form_type":"8-K","ticker":"MARA","cik":"0001507605","company_name":"MARA Holdings, Inc.","filed_at":"2023-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.151176+00:00","generated_at":"2026-06-14T03:47:34.437661+00:00","sec_items":["1.01","3.02","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Marathon Digital closes $14.25M private placement of convertible preferred stock","bullets":["Gross proceeds of ~$14.25M from 15,000 Series A convertible preferred shares sold at $952.38 each (5% OID).","Each share convertible into common at $14.52/share, subject to stockholder approval of authorized share increase.","Holders may require redemption at 105% of stated value after stockholder approval or 90 days post-closing, until day 120.","H.C. Wainwright acted as placement agent, receiving 4% fee plus $85,000 accountable expenses.","Proceeds used for general corporate purposes if shares converted or not redeemed after 120 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-020772","json":"https://secwatch.observer/filing/0001493152-23-020772.json","markdown":"https://secwatch.observer/filing/0001493152-23-020772.md","text":"https://secwatch.observer/filing/0001493152-23-020772.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223020772/0001493152-23-020772-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223020772/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:47:34.437661+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a89d238f7ffa1482b2444fa83ec4fc2d04065ebf","claim":"MARA Holdings, Inc.: Filed a certificate of designation for Series A redeemable convertible preferred stock, establishing the terms of the Series A preferred stock (effective 2023-06-06).","evidence_excerpt":"On June 6, 2023, the Company filed a certificate of designation for the Series A preferred stock referenced in Item 1.01 with the Secretary of State of the State of Nevada.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223020772/0001493152-23-020772-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-06"}],"fact_type":"governance_change"},{"claim_id":"e99d822fede3ad3a32acafdbb4a23cc7fa23bd10","claim":"MARA Holdings, Inc. entered into securities purchase agreement with H.C. Wainwright & Co., LLC valued at approximately $14.25 million (effective 2023-06-05).","evidence_excerpt":"On June 5, 2023, Marathon Digital Holdings, Inc. (the “Company”) entered into a securities purchase agreement for the purchase of 15,000 shares of Series A redeemable convertible preferred stock in a private placement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223020772/0001493152-23-020772-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"H.C. Wainwright & Co., LLC"},{"label":"Value","value":"approximately $14.25 million"},{"label":"Effective","value":"2023-06-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}