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Form 8-K · Current Report · Filed 2024-09-05

MARA Holdings Announces New Board Members and Name Change

MARA Holdings, Inc. announced on August 30, 2024, the resignation of directors Kevin DeNuccio and Said Ouissal, effective September 1, 2024, and the appointment of Janet George and Barbara Humpton to its board. Additionally, the company filed an amendment to its Restated Articles of Incorporation to change its name from 'Marathon Digital Holdings, Inc.' to 'MARA Holdings, Inc.', effective immediately. Janet George and Barbara Humpton bring extensive experience in artificial intelligence, data centers, and energy, bolstering the board's capabilities in these areas. Doug Mellinger was also appointed as the lead independent director. A press release announcing these changes is furnished as Exhibit 99.1.

Filer
Mara Holdings Inc. MARA · NASDAQ
Filed
Accession
0001493152-24-035093
CIK
0001507605
Signal
Medium impactFinancial Services

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure Board Member Appointed
Item 5.03

Amendments to Articles of Incorporation or Bylaws

Corporate Name Change
Item 7.01

Regulation FD Disclosure

Press Release Furnished
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$14.88

Next session

-10.1%

Since filing

-24.1%

Latest close

$11.30

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MARA reporting the same item, with the next session's move:

Exhibits (2)

About Mara Holdings Inc.

Mara Holdings Inc. is a company that primarily specializes in the financial and technological sectors, focusing on innovative endeavors within its portfolio. As part of its core business model, Mara Holdings engages in cryptocurrency mining and digital asset management, which positions it in the rapidly evolving digital finance industry. Its operations include mining of major cryptocurrencies, which involves the validation of digital transactions and adding them to a blockchain ledger, a process crucial to the functionality and security of cryptocurrency networks. The influence of Mara Holdings Inc. extends across multiple sectors, including financial technology and digital currencies, drawing considerable interest as industries adopt blockchain technology and decentralized finance solutions. The company's participation in these markets underscores its role as a proactive entity capitalizing on digital transformation trends. In the context of market significance, Mara Holdings Inc. represents a blend of traditional financial management with the innovative potential of blockchain technology. Its activities not only contribute to the digital asset ecosystem but also highlight the increasing importance of integrating technology-driven financial solutions in today’s economy.

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