secwatch.observer — SEC 8-K summary
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Issuer:     MARIN SOFTWARE INC (—)
CIK:        0001389002
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0000950170-25-113236
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.02, 1.03, 3.02, 3.03, 5.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Marin Software Receives Bankruptcy Court Confirmation of Reorganization Plan
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- Bankruptcy Court confirmed plan on August 29, 2025; effective September 5, 2025.
- DIP Lender 5Y LLC converted claim into 600 new shares; Kaxxa Holdings acquired 400 new shares for total of 1,000.
- All outstanding common stock, Series A Preferred, stock options, and warrants were cancelled and discharged.
- Existing directors and officers resigned; Plan Administrator appointed for distributions and wind-down.
- Company expects full cash recoveries for all allowed claims plus pro rata distribution to equity holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389002/000095017025113236/0000950170-25-113236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389002/000095017025113236/mrin-20250829.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-113236

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