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MARA Holdings | 8-K: MARA Holdings, Inc. Announces Pricing of Oversubscribed and Upsized Offering of Zero-Coupon Convertible Senior Notes due 2031

MARA Holdings | 8-K: MARA Holdings, Inc. Announces Pricing of Oversubscribed and Upsized Offering of Zero-Coupon Convertible Senior Notes due 2031

MARA Holdings | 8-K:MARA Holdings宣佈對2031年到期的零息可轉換優先票據超額認購和擴大發行規模定價
美股SEC公告 ·  12/03 19:07

Moomoo AI 已提取核心訊息

On December 2, 2024, Marathon Digital announced the pricing of an upsized private offering of $850 million in 0.00% convertible senior notes due 2031. The offering is expected to close on December 4, 2024, subject to customary conditions. Net proceeds are estimated at $835.1 million, potentially rising to $982.5 million if additional notes are purchased.The company plans to use approximately $48 million of the proceeds to repurchase $51 million of existing convertible notes due 2026. Remaining funds will be allocated to acquiring additional bitcoin and for general corporate purposes, including working capital and strategic acquisitions. The notes will be convertible into cash, shares, or a combination thereof, with an initial conversion price set at a 40% premium over the recent stock price.
On December 2, 2024, Marathon Digital announced the pricing of an upsized private offering of $850 million in 0.00% convertible senior notes due 2031. The offering is expected to close on December 4, 2024, subject to customary conditions. Net proceeds are estimated at $835.1 million, potentially rising to $982.5 million if additional notes are purchased.The company plans to use approximately $48 million of the proceeds to repurchase $51 million of existing convertible notes due 2026. Remaining funds will be allocated to acquiring additional bitcoin and for general corporate purposes, including working capital and strategic acquisitions. The notes will be convertible into cash, shares, or a combination thereof, with an initial conversion price set at a 40% premium over the recent stock price.
2024年12月2日,馬拉松數字宣佈了對2031年到期的8.5億美元0.00%的可轉換優先票據的擴大私募定價。此次發行預計將於2024年12月4日結束,但須遵守慣例條件。淨收益估計爲8.351億美元,如果購買更多票據,可能會增加到9.825億美元。該公司計劃將所得款項中的約4,800萬美元用於回購2026年到期的5100萬美元現有可轉換票據。剩餘資金將用於購買更多比特幣和用於一般公司用途,包括營運資金和戰略收購。這些票據將轉換爲現金、股票或其組合,初始轉換價格定爲比近期股價高40%。
2024年12月2日,馬拉松數字宣佈了對2031年到期的8.5億美元0.00%的可轉換優先票據的擴大私募定價。此次發行預計將於2024年12月4日結束,但須遵守慣例條件。淨收益估計爲8.351億美元,如果購買更多票據,可能會增加到9.825億美元。該公司計劃將所得款項中的約4,800萬美元用於回購2026年到期的5100萬美元現有可轉換票據。剩餘資金將用於購買更多比特幣和用於一般公司用途,包括營運資金和戰略收購。這些票據將轉換爲現金、股票或其組合,初始轉換價格定爲比近期股價高40%。
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