MARA Holdings, Inc 8-K, filed Nov 7, 2022
MARA Holdings, Inc. (MARA)
About this 8-K
MARA Holdings, Inc filed this 8-K on November 7, 2022, reporting on events of November 4, 2022.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Securityholders
On November 4, 2022, Marathon Digital Holdings, Inc., a Nevada corporation (the “Company”), held an annual meeting of stockholders (the “Meeting”). As of the record date for the Meeting, 116,810,405 shares of common stock were issued and outstanding. A total of 59,265,944 shares of common stock, constituting a quorum, were present and accounted for at the Meeting. At the Meeting, the Company’s stockholders approved the below proposals (except for the increase in authorized shares of common stock which did not obtain the requisite threshold (approval of a majority of the issued and outstanding shares of common stock of the Company on the record date)):
| VOTES CAST | |||||||||
| QUESTION | YES | NO | ABSTAIN | ||||||
| *1) ELECTION OF CL II DIR GEORGES ANTOUN | 73.263% | 0.000 | % | 26.737 | % | ||||
| 19,527,618 | 0 | 7,126,623 | |||||||
| Broker Non-Vote: | 32,611,703 | ||||||||
| * 2) ELECTION OF CL II DIR JAY LEUPP | 74.318% | 0.000 | % | 25.682 | % | ||||
| 19,808,945 | 0 | 6,845,297 | |||||||
| Broker Non-Vote: | 32,611,702 | ||||||||
| 3) RATIFY MARCUM LLP | 94.189% | 4.200 | % | 4.173 | % | ||||
| 55,821,767 | 2,488,950 | 955,219 | |||||||
| Broker Non-Vote: | 8 | ||||||||
| 4) INCRERASE AUTHORIZED TO 300 MILLION | 79.860% | 19.060 | % | 1.080 | % | ||||
| 47,329,622 | 11,296,379 | 639,937 | |||||||
| Broker Non-Vote: | 6 | ||||||||
| 5) TO TRANSACT SUCH OTHER BUSINESS | 63.988% | 32.848 | % | 3.154 | % | ||||
| 17,058,209 | 8,755,447 | 840,583 | |||||||
| Broker Non-Vote: | 32,611,705 |
FORWARD-LOOKING STATEMENTS
This Form 8-K and other reports filed by Registrant from time to time with the Securities and Exchange Commission (collectively, the “Filings”) contain or may contain forward-looking statements and information that are based upon beliefs of, and information currently available to, Registrant’s management as well as estimates and assumptions made by Registrant’s management. When used in the Filings the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan” or the negative of these terms and similar expressions as they relate to Registrant or Registrant’s management identify forward-looking statements. Such statements reflect the current view of Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Registrant’s industry, Registrant’s operations and results of operations and any businesses that may be acquired by Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although Registrant believes that the expectations reflected in the forward-looking statements are reasonable, Registrant cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, Registrant does not intend to update any of the forward-looking statements to conform these statements to actual results.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 7, 2022
| MARATHON DIGITAL HOLDINGS, INC. | ||
| By: | /s/ Hugh Gallagher | |
| Name: | Hugh Gallagher | |
| Title: | Chief Financial Officer | |