MARA Holdings $2 billion at-the-market offering
The shares are listed on the Nasdaq Global Market
Davis Polk advised the managers in connection with the SEC-registered at-the-market offering by MARA Holdings, Inc. of its common stock for up to an aggregate amount of $2 billion. The common stock is listed on the Nasdaq Global Market under the symbol “MARA.”
MARA Holdings is a global leader in digital asset compute that develops and deploys innovative technologies to build a more sustainable and inclusive future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded or otherwise underutilized energy into economic value.
The Davis Polk corporate team included partners Alan F. Denenberg and Daniel P. Gibbons and associates Savannah J. Dowling and Kathryn Parsons. The tax team included counsel Yixuan Long and associate Michael Hsieh. Partner Frank Azzopardi and associate Francesca Masella provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.