Update: Marathon Patent Group To Trade On Nasdaq

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 |  About: Marathon Patent Group, Inc. (MARA)
by: Mobile Guru

Summary

Marathon Patent Group files form 8-A to allow shares to trade on the Nasdaq exchange.

This event has been anticipated ever since management stated it was a key objective to the long term plan to maximize shareholder value.

Marathon has been approved for uplisting to The NASDAQ Stock Market LLC. Effective at the opening of trading on Monday, July 28th.

Back in early July I stated that one of the short term catalysts for Marathon Patent Group (OTCQB:MARA) was to uplist to the Nasdaq exchange. Yesterday Marathon filed form 8-A preparing its shares to be listed on the Nasdaq exchange. This listing gives the companies stock a much broader exposure to new investors, institutions, research analysts and capital markets. These shares will now be much easier for both individual investors to purchase and institutions to establish positions and eventually be added to various microcap indexes once they meet the market cap requirements.

Here is the link to the original article Marathon Patent Group Best of Brede in patent space.

Disclosure: The author is long MARA. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any company whose stock is mentioned in this article.

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