Mara France SAS /
Exaion SAS
MARA Holdings subsidiary agrees to invest in Exaion SAS




Source for the buyer and target: MARA Holdings, Inc.
For the buyer and target.
“On August 11, 2025, MARA Holdings, Inc. (the “Company”) and Mara France SAS, a French société par actions simplifiée and a wholly owned subsidiary of the Company (“Mara France”), entered into an investment agreement (the “Investment Agreement”) with Exaion SAS, a French société par actions simplifiée operating in the digital infrastructure sector (“Exaion”), and EDF Pulse Holding and certain minority holders of Exaion (collectively, the “Sellers”), relating to Mara France’s acquisition of ordinary shares from the Sellers and its subscription for ordinary shares to be issued by Exaion.”
Published 11 Aug 2025
Open the sourceWhat happened
Mara France SAS agreed to acquire shares in Exaion SAS from the Sellers and subscribe for newly issued shares. The agreement also provides for a later subscription for additional shares, subject to specified conditions. [01]
The initial share subscription has an aggregate purchase price of approximately €115 million. The secondary share purchase has an aggregate purchase price of approximately €33 million. [01]
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MARA Holdings subsidiary agrees to invest in Exaion SAS
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