{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-114843","form_type":"8-K","ticker":null,"cik":"0001389002","company_name":"MARIN SOFTWARE INC","filed_at":"2024-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.317899+00:00","generated_at":"2026-05-30T13:39:02.769612+00:00","sec_items":["2.05","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Marin Software to cut ~27 employees (26% of workforce) in restructuring","bullets":["Reduction in force of approx. 27 employees (~26% of global headcount) plus release of 7 contractors.","Cash expenditures of $0.6M-$0.8M, mostly severance; majority recognized by Q4 2024.","Plan expected to be substantially complete by end of Q4 2024.","Pre-tax annualized cost savings of $3.5M-$3.7M, beginning in Q4 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-114843","json":"https://secwatch.observer/filing/0000950170-24-114843.json","markdown":"https://secwatch.observer/filing/0000950170-24-114843.md","text":"https://secwatch.observer/filing/0000950170-24-114843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389002/000095017024114843/0000950170-24-114843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389002/000095017024114843/mrin-20241014.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T13:39:02.769612+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2307f5390cf3ebf8906bb167eb18abfe1e29b4c0","claim":"MARIN SOFTWARE INC announced a restructuring with charges of between approximately $0.6 million and $0.8 million (approximately 27 employees, representing approximately 26% of the Company's global employees as of September 30, 2024).","evidence_excerpt":"expects to substantially complete the 2024 Restructuring Plan by the end of the quarter ending December 31, 2024. The Company estimates that it will incur between approximately $0.6 million and $0.8 million of cash expenditures in connection with the 2024 Restructuring Plan, substantially all of which relates to severance costs. The Company expects to recognize the","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389002/000095017024114843/0000950170-24-114843-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between approximately $0.6 million and $0.8 million"},{"label":"Headcount","value":"approximately 27 employees, representing approximately 26% of the Company's global employees as of September 30, 2024"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}