---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-201467"
form_type: "8-K"
ticker: "MCHX"
cik: "0001224133"
company_name: "MARCHEX INC"
filed_at: "2026-05-01T23:59:59+00:00"
generated_at: "2026-05-15T00:14:38.037746+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Marchex subleases Seattle office space, records ~$203K impairment

## Summary
- Entered sublease with RentSpree for 12,300 sq ft at 1200 5th Ave, Seattle.
- Term: May 1, 2026 to Sept 28, 2027; total fixed rent ~$337,000.
- Initial rent $19.25/sq ft, increasing to $19.50/sq ft after 12 months.
- Will record noncash impairment charge of approx. $203K on right-of-use asset in Q1 2026.

## SEC filing metadata
- accession: 0001193125-26-201467
- form_type: 8-K
- ticker: MCHX
- cik: 0001224133
- company_name: MARCHEX INC
- filed_at: 2026-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1224133/000119312526201467/0001193125-26-201467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1224133/000119312526201467/mchx-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-201467
- JSON: https://secwatch.observer/filing/0001193125-26-201467.json
- Plain text: https://secwatch.observer/filing/0001193125-26-201467.txt

## Source-grounded claims
- claim_id: 0a6068e87e050c408dff01016f7ba0a14988fc04
  claim: MARCHEX INC entered into Sublease with RentSpree, Inc. valued at approximately $337,000 (effective 2026-04-29).
  evidence_excerpt: On April 29, 2026, Marchex, Inc., a Delaware corporation (the “Company”) entered into a Sublease Agreement (the “Sublease”) with RentSpree, Inc., a Delaware corporation (“RentSpree”), with respect to the sublease of the Company’s office space located at 1200 5 th Avenue, Suite 1300, Seattle, Washington. The term of the Sublease is May 1, 2026 through September 28, 2027 (the “Term”) and is for all 12,300 square feet. Under the Sublease, RentSpree is obligated to pay to the Company fixed monthly rent over the Term totaling approximately $337,000, with an initial rate of $19.25 per square foot increasing after 12 months to $19.50 per square foot.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000119312526201467/0001193125-26-201467-index.htm
- claim_id: 35f0ab207a46d2df9beeb96e60e1463b717dcf41
  claim: MARCHEX INC announced a impairment with charges of noncash impairment charge related to the right‐of‐use asset affecting right-of-use asset associated with the underlying office space.
  evidence_excerpt: In connection with the Company’s entry into the Sublease Agreement with RentSpree described under Item 1.01 of this Current Report on Form 8‐K, the Company determined that the carrying value of its right‐of‐use asset associated with the underlying office space exceeds its estimated fair value. As a result, the Company will record a noncash impairment charge related to the right‐of‐use asset during the first quarter of 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000119312526201467/0001193125-26-201467-index.htm

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