Marathon Patent Group Announces Closing of $250.0 Million Registered Direct Offering of Common Stock
LAS VEGAS, Jan. 15, 2021 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (Nasdaq:MARA) (“Marathon” or “Company”) today announced the closing of its previously announced registered direct offering of 12,500,000 shares of its common stock at a price of $20.0 per share in the offering. The gross proceeds to the Company were $250.0 million, before deducting placement agent fees and other offering expenses. Published on : http://www.globenewswire.com/news-release/2021/01/15/2159622/0/en/Marathon-Patent-Group-Announces-Closing-of-250-0-Million-Registered-Direct-Offering-of-Common-Stock.html…