secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001193125-26-201467
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.06
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000119312526201467/0001193125-26-201467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000119312526201467/mchx-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-201467

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer