secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001193125-25-280233
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marchex Q3 revenue falls to $11.5M, net loss $1M; agrees to acquire Archenia for $10M note
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- Q3 revenue $11.5M vs $12.6M YoY (-8.7%); net loss $1.0M ($0.02 loss per share).
- Adjusted EBITDA improved to $0.6M, or $1.1M excluding $0.5M reorganization costs, from $0.3M YoY.
- Guides Q4 sequential revenue and Adj. EBITDA decline; 2026 revenue run-rate growth ~10%, Adj. EBITDA margins 10%+.
- AIP to acquire Archenia for $10M convertible note (6%, convertible at $1.80/share) plus up to 4M earnout shares.
- Archenia est. FY2025 revenue >$17M; combined quarterly run rate ~$15M; closing H1 2026 subject to stockholder approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000119312525280233/0001193125-25-280233-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000119312525280233/mchx-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-280233

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