false 0001507605 0001507605 2025-06-26 2025-06-26 0001507605 dei:FormerAddressMember 2025-06-26 2025-06-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 26, 2025

 

MARA HOLDINGS, INC.

(Exact name of Registrant as Specified in Its Charter)

 

Nevada   001-36555   01-0949984

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1010 South Federal Highway, Suite 2700

Hallandale Beach, FL 33009

(Address of principal executive offices and zip code)

 

(800) 804-1690

(Registrant’s telephone number, including area code)

 

101 NE Third Avenue, Suite 1200

Fort Lauderdale, FL 33301

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   MARA   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

As described under Item 5.07 below, an amendment to the MARA Holdings, Inc. Amended and Restated 2018 Equity Incentive Plan (as amended, the “2018 Plan”) to increase the number of shares authorized for issuance thereunder by 18,000,000 shares (the “Amendment”) was approved by the stockholders of MARA Holdings, Inc. (the “Company”) and became effective on June 26, 2025. The material terms of the Amendment are summarized on pages 68 through 73 of the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 30, 2025, which description is incorporated herein by reference.

 

The description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On June 26, 2025, the Company held its 2025 annual meeting of stockholders (the “Annual Meeting”). A total of 188,278,698 shares of the Company’s common stock were represented at the Annual Meeting, constituting a quorum for all matters presented at the Annual Meeting. The final voting results for each matter submitted to a vote of stockholders at the Annual Meeting are as follows:

 

Proposal No. 1: Election of Class II Directors

 

The stockholders elected the following nominees as Class II directors to serve until the Company’s annual meeting of stockholders to be held in 2028, or until their successors are duly elected and qualified, or until their earlier death, resignation or removal.

 

   Shares Voted 
Name  For   Withheld   Broker Non-Votes 
Georges Antoun   77,858,783    16,960,601    93,459,314 
Jay Leupp   71,071,897    23,747,487    93,459,314 

 

Proposal No. 2: Ratification of Appointment of Accounting Firm

 

The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025.

 

Shares Voted 
For   Against   Abstentions 
183,692,397    3,125,303    1,460,996 

 

 

 

 

Proposal No. 3: Approval, on an advisory basis, of the compensation of the Named Executive Officers

 

The stockholders did not approve, on a non-binding advisory basis, the compensation of the Named Executive Officers.

 

Shares Voted 
For   Against   Abstentions   Broker Non-Votes 
20,154,119    73,226,079    1,439,186    93,459,314 

 

Proposal No. 4: Approval of Amendment to the 2018 Plan

 

The stockholders approved the Amendment.

 

Shares Voted 
For   Against   Abstentions   Broker Non-Votes 
80,572,963    13,462,863    603,558    93,459,314 

 

No other matters were presented for consideration or stockholder action at the Annual Meeting.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
10.1   Second Amendment to MARA Holdings, Inc. Amended and Restated 2018 Equity Incentive Plan
104   Cover Page Interactive Data File (embedded within the inline XBRL document)

 

 

 

 

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.

 

  MARA HOLDINGS, INC.
     
Date: June 27, 2025 By: /s/ Zabi Nowaid
  Name: Zabi Nowaid
  Title: General Counsel