{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-039621","form_type":"8-K","ticker":"MCHX","cik":"0001224133","company_name":"MARCHEX INC","filed_at":"2022-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.879425+00:00","generated_at":"2026-06-20T23:52:01.132335+00:00","sec_items":["1.01","2.03"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Marchex enters sublease for Seattle office space; total rent ~$1.77M through Sep 2027","bullets":["Sublease covers 12,300 sq ft at 1200 5th Avenue, Suite 1300, Seattle.","Term runs April 1, 2023 through September 30, 2027.","Fixed monthly rent totals approximately $1,767,000 over the term.","Initial rate of $28 per sq ft escalates annually to $34 per sq ft."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-039621","json":"https://secwatch.observer/filing/0001564590-22-039621.json","markdown":"https://secwatch.observer/filing/0001564590-22-039621.md","text":"https://secwatch.observer/filing/0001564590-22-039621.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1224133/000156459022039621/0001564590-22-039621-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1224133/000156459022039621/mchx-8k_20221220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T23:52:01.132335+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":"58c548f97eeef5c17100490efc88b5139f3ed230","claim":"MARCHEX INC incurred lease obligation of approximately $1,767,000 with Nelson Worldwide, LLC maturing April 1, 2023 through September 30, 2027.","evidence_excerpt":"On December 20, 2022, Marchex, Inc., a Delaware corporation (the “ Company ” and “ Marchex ”) entered into a Sublease Agreement with Nelson Worldwide, LLC, a Pennsylvania limited liability company (the “ Sublease ”) with respect to the Company’s rental of office space located at 1200 5 th Avenue, Suite 1300, Seattle, Washington. The term of the Sublease is April 1, 2023 through September 30, 2027 (the “Term”) and is for 12,300 square feet. Under the Sublease, the Company is obligated to pay fixed monthly rent over the Term totaling approximately $1,767,000 with an initial rate of $28 per square foot increasing annually to $34 per square foot.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1224133/000156459022039621/0001564590-22-039621-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"lease obligation"},{"label":"Principal","value":"approximately $1,767,000"},{"label":"Counterparty","value":"Nelson Worldwide, LLC"},{"label":"Maturity","value":"April 1, 2023 through September 30, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"42a919924fa1abcc68a95a1bb83f5bbdafd9917a","claim":"MARCHEX INC entered into Sublease Agreement with Nelson Worldwide, LLC valued at approximately $1,767,000 (effective 2022-12-20).","evidence_excerpt":"On December 20, 2022, Marchex, Inc., a Delaware corporation (the “ Company ” and “ Marchex ”) entered into a Sublease Agreement with Nelson Worldwide, LLC, a Pennsylvania limited liability company (the “ Sublease ”) with respect to the Company’s rental of office space located at 1200 5 th Avenue, Suite 1300, Seattle, Washington.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1224133/000156459022039621/0001564590-22-039621-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"Nelson Worldwide, LLC"},{"label":"Value","value":"approximately $1,767,000"},{"label":"Effective","value":"2022-12-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}