secwatch.observer — SEC 8-K summary
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Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001564590-22-039621
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Marchex enters sublease for Seattle office space; total rent ~$1.77M through Sep 2027
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000156459022039621/0001564590-22-039621-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000156459022039621/mchx-8k_20221220.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-039621

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