---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-093994"
form_type: "8-K"
ticker: null
cik: "0001389002"
company_name: "MARIN SOFTWARE INC"
filed_at: "2025-07-03T23:59:59+00:00"
generated_at: "2026-05-18T09:26:00.216115+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Marin Software files Chapter 11, delisted from Nasdaq; restructuring plan with Kaxxa Holdings

## Summary
- Filed Chapter 11 petition on July 1, 2025, in Delaware Bankruptcy Court; case 25-11263.
- Nasdaq suspended trading on June 26, 2025; delisting will follow Form 25 filing.
- Restructuring Support Agreement: Kaxxa Holdings to acquire 100% equity and substantially all assets for $5.5M cash.
- DIP financing up to $1.2M from 5Y LLC at 10% interest, secured by all assets.
- Board abandons prior dissolution plan; expects to pay unsecured creditors in full and provide distribution to stockholders.

## SEC filing metadata
- accession: 0000950170-25-093994
- form_type: 8-K
- cik: 0001389002
- company_name: MARIN SOFTWARE INC
- filed_at: 2025-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 1.03, 2.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389002/000095017025093994/0000950170-25-093994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389002/000095017025093994/mrin-20250630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-093994
- JSON: https://secwatch.observer/filing/0000950170-25-093994.json
- Plain text: https://secwatch.observer/filing/0000950170-25-093994.txt

## Source-grounded claims
- claim_id: 5db4a61bb48b8f1d5cc772c87d5963029cadb4b0
  claim: MARIN SOFTWARE INC entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-07-01).
  evidence_excerpt: On July 1, 2025 (the “Petition Date”), Marin Software Incorporated, a Delaware corporation (the “Company”), filed a voluntary petition for relief under chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), thereby commencing a chapter 11 case for the Company (the “Chapter 11 Case”). The case number is 25-11263
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389002/000095017025093994/0000950170-25-093994-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.