---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040579"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:58:21.824873+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve equity plan increase; name change and reincorporation fail at special meeting

## Summary
- Proposal 1 (increase shares under 2018 EIP) approved with 67.288% of votes cast in favor.
- Proposal 2 (name change) received 88.207% of votes cast in favor but only 80.9M of 211.6M outstanding shares voted yes; required majority of outstanding.
- Proposal 3 (reincorporation) received 90.730% of votes cast in favor but only 33.0M of 211.6M outstanding shares voted yes; failed.
- Broker non-votes were significant: 58.0M for Proposal 1, 1.3M for Proposal 2, 56.7M for Proposal 3.

## SEC filing metadata
- accession: 0001493152-23-040579
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/0001493152-23-040579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040579
- JSON: https://secwatch.observer/filing/0001493152-23-040579.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040579.txt

## Key facts
- Shareholder Votes
  MARA Holdings, Inc. shareholders rejected APPROVE REINCORPORATION at the 2023-11-10 meeting.
  - Outcome: failed
  - Meeting: 2023-11-10
  source text: PROPOSAL YES NO ABSTAIN 1) APPROVE INCREASE SHS 2018 EIP 67.288% 32.008% 0.705% 23,583,487 11,218,249 246,958 Broker Non-Vote: 57,975,186 2) APPROVE NAME CHANGE 88.207% 9.415% 2.378% 80,881,423 8,632,931 2,180,830 Broker Non-Vote: 1,328,696 3) APPROVE REINCORPORATION 90.730% 7.352% 1.918% 32,968,519 2,671,455 697,116 Broker Non-Vote: 56,686,790
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/0001493152-23-040579-index.htm
- Shareholder Votes
  MARA Holdings, Inc. shareholders approved APPROVE INCREASE SHS 2018 EIP at the 2023-11-10 meeting.
  - Outcome: passed
  - Meeting: 2023-11-10
  source text: PROPOSAL YES NO ABSTAIN 1) APPROVE INCREASE SHS 2018 EIP 67.288% 32.008% 0.705% 23,583,487 11,218,249 246,958 Broker Non-Vote: 57,975,186 2) APPROVE NAME CHANGE 88.207% 9.415% 2.378% 80,881,423 8,632,931 2,180,830 Broker Non-Vote: 1,328,696 3) APPROVE REINCORPORATION 90.730% 7.352% 1.918% 32,968,519 2,671,455 697,116 Broker Non-Vote: 56,686,790
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/0001493152-23-040579-index.htm
- Shareholder Votes
  MARA Holdings, Inc. shareholders rejected APPROVE NAME CHANGE at the 2023-11-10 meeting.
  - Outcome: failed
  - Meeting: 2023-11-10
  source text: PROPOSAL YES NO ABSTAIN 1) APPROVE INCREASE SHS 2018 EIP 67.288% 32.008% 0.705% 23,583,487 11,218,249 246,958 Broker Non-Vote: 57,975,186 2) APPROVE NAME CHANGE 88.207% 9.415% 2.378% 80,881,423 8,632,931 2,180,830 Broker Non-Vote: 1,328,696 3) APPROVE REINCORPORATION 90.730% 7.352% 1.918% 32,968,519 2,671,455 697,116 Broker Non-Vote: 56,686,790
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/0001493152-23-040579-index.htm

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