{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-052859","form_type":"8-K","ticker":null,"cik":"0001389002","company_name":"MARIN SOFTWARE INC","filed_at":"2025-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.136880+00:00","generated_at":"2026-05-23T17:09:14.528914+00:00","sec_items":["2.05","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Marin Software board approves dissolution plan; 30% workforce reduction with $0.4M severance costs","bullets":["Board approved Plan of Dissolution and Liquidation, subject to stockholder approval at special meeting in Q2 2025.","Reduction-in-force of 20 employees (~30% of global workforce) and 9 independent contractors; estimated $0.4M severance costs.","Company will wind down operations, delist from Nasdaq, pay liabilities, and distribute remaining assets to stockholders.","Previously disclosed potential asset sale is no longer being pursued; company proceeds directly to dissolution.","Board reserves right to abandon dissolution even if approved by stockholders if deemed not in best interest."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-052859","json":"https://secwatch.observer/filing/0000950170-25-052859.json","markdown":"https://secwatch.observer/filing/0000950170-25-052859.md","text":"https://secwatch.observer/filing/0000950170-25-052859.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389002/000095017025052859/0000950170-25-052859-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389002/000095017025052859/mrin-20250409.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T17:09:14.528914+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":"aa844157b095f897da526a58cdea61868b906104","claim":"MARIN SOFTWARE INC announced a restructuring with charges of between approximately $0.4 million affecting global employees (reduction of the Company’s global employees by 20 employees, representing approximately 30% of the Company’s global empl).","evidence_excerpt":"to substantially complete the April 2025 Restructuring Plan by the end of the quarter ending June 30, 2025. The Company estimates that it will incur between approximately $0.4 million of cash expenditures in connection with the April 2025 Restructuring Plan, substantially all of which relates to severance costs. The Company expects to recognize the majority of","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389002/000095017025052859/0000950170-25-052859-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between approximately $0.4 million"},{"label":"Affected area","value":"global employees"},{"label":"Headcount","value":"reduction of the Company’s global employees by 20 employees, representing approximately 30% of the Company’s global empl"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}