Marathon Patent Group Inc
Marathon Patent Group, Inc. (NASDAQ: $MARA)
Announces $5.0 Million Registered Direct Offering
Marathon Patent Group, Inc. (NASDAQ:
MARA) ("Marathon" or
"Company"), an IP licensing and management company, today announced
that it has agreed to sell 1,000,000 shares of its common stock for gross
proceeds of approximately $5.0 million. Each share of common stock is being sold
at a price of $5.00 per share.