{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-023015","form_type":"8-K","ticker":"MARA","cik":"0001507605","company_name":"MARA Holdings, Inc.","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.167622+00:00","generated_at":"2026-05-17T15:23:41.255949+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MARA signs agreement to acquire 64% of Exaion from EDF for ~$168M, option to increase to 75%","bullets":["MARA to acquire 64% stake in Exaion (EDF subsidiary) for ~$168M upfront; option to increase to 75% by 2027 for additional ~$127M.","Exaion operates HPC/AI data centers; partners include NVIDIA, Deloitte; MARA expects to expand AI/HPC infrastructure capabilities.","Transaction expected to close Q4 2025; subject to French/Canadian regulatory approvals; no financing condition.","EDF will remain a client and retain minority interest; MARA will become strategic shareholder.","Investment via Mara France SAS; includes primary share subscription and secondary purchase from EDF Pulse Holding and minority holders."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-023015","json":"https://secwatch.observer/filing/0001641172-25-023015.json","markdown":"https://secwatch.observer/filing/0001641172-25-023015.md","text":"https://secwatch.observer/filing/0001641172-25-023015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1507605/000164117225023015/0001641172-25-023015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1507605/000164117225023015/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:23:41.255949+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}