secwatch.observer — SEC 8-K summary
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Issuer:     MARA Holdings, Inc. (MARA)
CIK:        0001507605
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001493152-23-040579
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/0001493152-23-040579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040579

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