other material
confidence high
sentiment neutral
materiality 0.65
MARA enters $2.0B at-the-market offering; terminates prior $1.5B ATM
MARA Holdings, Inc.
- New ATM allows sale of up to $2.0B in common stock through multiple agents.
- Prior ATM agreement with H.C. Wainwright for up to $1.5B terminated effective March 28, 2025.
- Agents include Barclays, BMO, BTIG, Cantor Fitzgerald, Guggenheim, H.C. Wainwright, Mizuho.
- Commission rate up to 3% of gross proceeds per sale; Company not obligated to sell any shares.