---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-003597"
form_type: "8-K"
ticker: "MCHX"
cik: "0001224133"
company_name: "MARCHEX INC"
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T02:52:43.420114+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marchex recovers all $10.1M from SVB accounts after bank failure

## Summary
- Total exposure: ~$4.6M in SVB bank account + ~$5.5M in money market account (third-party custodian).
- Company had previously disclosed it was unable to access funds; now confirms full recovery.
- Funds received in full; no remaining balance at SVB or SVB Asset Management.
- Removes immediate liquidity risk from SVB collapse on Marchex's cash position.

## SEC filing metadata
- accession: 0001564590-23-003597
- form_type: 8-K
- ticker: MCHX
- cik: 0001224133
- company_name: MARCHEX INC
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1224133/000156459023003597/0001564590-23-003597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1224133/000156459023003597/mchx-8k_20230314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-003597
- JSON: https://secwatch.observer/filing/0001564590-23-003597.json
- Plain text: https://secwatch.observer/filing/0001564590-23-003597.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.