Investment
Features
FeesSafety
Academy
More
Pluang+

MARA launches consent solicitation to amend notes terms amid Long Ridge Energy acquisition.

Company Fundamentals
07 May 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

MARA Holdings, Inc. has initiated a consent solicitation to amend the terms of its 8.75% Senior Secured Notes due 2032, related to its planned acquisition of Long Ridge Energy LLC. The amendments aim to prevent the acquisition from triggering a "Change of Control" clause that would require note redemption, allowing MARA to complete the transaction smoothly. The solicitation offers noteholders a $2.50 consent fee per $1,000 principal if they agree to the amendments before May 15, 2026. The transaction is expected to close in the second half of 2026, pending regulatory approvals and other conditions.

More News (MARA)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App