{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-219472","form_type":"8-K","ticker":"MCHX","cik":"0001224133","company_name":"MARCHEX INC","filed_at":"2026-05-12T20:15:16+00:00","discovered_at":"2026-05-12T20:16:00.296531+00:00","generated_at":"2026-05-12T20:16:34.477416+00:00","sec_items":["1.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Marchex to acquire Archenia for $10M in convertible notes plus earn-out shares","bullets":["Base consideration: $10M in convertible promissory notes at 6% interest, payable in three equal tranches at 12, 18, and 24 months post-close.","Notes convertible into Marchex Class B common stock at $1.80 per share.","Earn-out: up to 2M shares for each of first two 12-month periods if Archenia meets revenue/EBITDA growth and integration/customer retention targets.","Transaction is a related-party deal; Special Committee approved after fairness opinion from Craig-Hallum Capital Group.","Closing requires majority of disinterested stockholders; expected early Q3 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-219472","json":"https://secwatch.observer/filing/0001193125-26-219472.json","markdown":"https://secwatch.observer/filing/0001193125-26-219472.md","text":"https://secwatch.observer/filing/0001193125-26-219472.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1224133/000119312526219472/0001193125-26-219472-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1224133/000119312526219472/mchx-20260508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T20:16:34.477416+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"833af17cc2acd2694e7ee927c18dce095a08962b","claim":"MARCHEX INC entered into Stock Purchase Agreement with Archenia, Inc. stockholders valued at $10 million in convertible promissory notes (effective 2026-05-08).","evidence_excerpt":"Marchex, Inc. (\"Marchex\" or the \"Company\") has entered into a Stock Purchase Agreement (“SPA”) dated May 8, 2026 to acquire 100% of the outstanding shares of capital stock of Archenia, Inc. (the “Transaction”) from the Archenia stockholders (the “Sellers”) for a base consideration consisting of an aggregate of $10 million in convertible promissory notes to be issued to the Sellers","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1224133/000119312526219472/0001193125-26-219472-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Archenia, Inc. stockholders"},{"label":"Value","value":"$10 million in convertible promissory notes"},{"label":"Effective","value":"2026-05-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}