---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-001560"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T04:53:11.574368+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MARA Holdings issues 13M Series X Preferred shares to director for $1,300 to vote on share increase

## Summary
- Issued 13M Series X Preferred to lead director Douglas Mellinger for $1,300 total ($0.0001 per share).
- Preferred shares carry 1,000 votes each solely on proposal to increase authorized common from 500M to 800M.
- Votes cast automatically in same proportion as common stock votes; not counted for quorum.
- Shares non-convertible, no dividends, no liquidation rights; redeemable at $1,300 after vote or at board's discretion.
- Private placement under Section 4(a)(2); Subscription Agreement filed as Exhibit 10.1.

## SEC filing metadata
- accession: 0001493152-25-001560
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315225001560/0001493152-25-001560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315225001560/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-001560
- JSON: https://secwatch.observer/filing/0001493152-25-001560.json
- Plain text: https://secwatch.observer/filing/0001493152-25-001560.txt

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