Summary by Moomoo AI
Marathon Digital Holdings, Inc., a Nevada-based company, filed a Registration Statement on Form S-8 with the Securities and Exchange Commission on March 4, 2024. The filing pertains to the registration of an additional 15,000,000 shares of common stock under the company's Amended and Restated 2018 Equity Incentive Plan, bringing the total reserved for issuance to 30,000,000 shares. This move is part of the company's efforts to incentivize and compensate employees through equity awards. The Registration Statement incorporates by reference the contents of Marathon Digital's previous Form S-8 filings and includes documents such as the Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company has also confirmed the indemnification of its directors and officers as per Nevada law and its corporate bylaws, ensuring protection against certain legal expenses and liabilities.