secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2026-07-01T20:15:15+00:00
Accession:  0001193125-26-292561
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 2.03, 3.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marchex closes acquisition of Archenia for $10M in convertible notes plus earnout shares
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- Acquired 100% of Archenia, a performance-based marketing tech company, for $10M in 6% convertible notes due in 3 tranches over 24 months.
- Notes convertible into Marchex Class B common at $1.80/share; potential earnout of up to 4M shares based on revenue/EBITDA targets.
- Stockholders approved the deal with ~99.9% support under both simple majority and majority-of-minority votes.
- Archenia uses AI and natural-language analytics to deliver high-intent consumer interactions to advertisers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000119312526292561/0001193125-26-292561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000119312526292561/mchx-20260701.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-292561

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