other material
confidence high
sentiment neutral
materiality 0.60
MARA Holdings increases authorized common stock from 500M to 800M; Series X Preferred redeemed for $1,300
MARA Holdings, Inc.
- Shareholders approved Charter Amendment to raise authorized common shares from 500M to 800M, effective Feb 19, 2025.
- Series X Preferred (13M shares designated) redeemed for $1,300; Certificate of Withdrawal filed Feb 21, 2025.
- At special meeting, 11.3B votes 'FOR' the amendment; quorum met with 184M common shares represented.
- Preferred stock series eliminated; shares return to authorized but unissued preferred status.