Tag: power

AB “Ignitis grupė” (hereinafter – the Group) informs that on 23 July 2025 the Board of its subsidiary UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) appointed the Chief Executive Officer (hereinafter – CEO) of Ignitis Renewables. The position will be assumed by Frank Oomen, a senior executive with a strong track record in renewables. The new Ignitis Renewables CEO is starting his five-year term from 1 September 2025.

Miami, FL, July 23, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a leading digital energy and infrastructure company, today announced the pricing of its upsized offering of $950 million aggregate principal amount of 0.00% convertible senior notes due 2032 (the “notes”). The notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). MARA also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $200 million aggregate principal amount of the notes. The offering is expected to close on July 25, 2025, subject to satisfaction of customary closing conditions.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025.