Koller Capital Discloses 3.86M Shares in Marchex, Inc.

TL;DR

**Koller Capital owns 3.86M Marchex shares, signaling a big institutional bet.**

AI Summary

Koller Capital LLC, a Delaware-based investment firm, filed an amended SC 13G/A on February 9, 2024, disclosing its beneficial ownership of 3,865,175 shares of Marchex, Inc. common stock as of December 31, 2023. This represents a significant stake, giving Koller Capital shared voting and dispositive power over these shares. This matters to investors because a large institutional holder like Koller Capital having a substantial stake can influence company decisions and potentially signal confidence in Marchex's future.

Why It Matters

This filing shows a major institutional investor, Koller Capital LLC, holds a significant stake in Marchex, Inc., which could influence the company's strategic direction and investor sentiment.

Risk Assessment

Risk Level: low — This filing is an update on an existing position and does not indicate any immediate negative or highly volatile event.

Analyst Insight

Investors should note Koller Capital LLC's substantial, albeit unchanged, stake in Marchex, Inc. and consider it as part of their overall due diligence, understanding that large institutional ownership can sometimes provide a floor for the stock or signal long-term interest.

Key Numbers

• 3,865,175 — Shares Beneficially Owned (Represents the total number of Marchex, Inc. common shares Koller Capital LLC has shared voting and dispositive power over.)
• December 31, 2023 — Date of Event (The date as of which the beneficial ownership was determined for this filing.)
• February 9, 2024 — Filing Date (The date this amended SC 13G/A was filed with the SEC.)

Key Players & Entities

• Koller Capital LLC (company) — reporting person and beneficial owner
• Marchex, Inc. (company) — subject company (issuer)
• KOLLER MICROCAP OPPORTUNITIES FUND LP (company) — group member
• ROSS KOLLER (person) — group member
• Delaware (company) — place of organization for Koller Capital LLC

Forward-Looking Statements

• Koller Capital LLC will maintain a significant stake in Marchex, Inc. for the foreseeable future. (Koller Capital LLC) — medium confidence, target: December 31, 2024
• Marchex, Inc.'s stock price may experience increased stability due to a large institutional holder. (Marchex, Inc.) — low confidence, target: June 30, 2024

FAQ

Filing Documents

• tm245713d1_sc13ga.htm (SC 13G/A) — 60KB
• 0001104659-24-012803.txt ( ) — 62KB

(a)

Item 1(a). Name of Issuer: Marchex, Inc. (the “Issuer”).

(b)

Item 1(b). Address of the Issuer's Principal Executive Offices: 520 Pike Street, Suite 2000 Seattle, WA 98101

(a)

Item 2(a). Name of Person Filing T he names of the person filing this statement of Schedule 13G (collectively, the “Reporting Persons”) are: · Koller Capital LLC · Koller Microcap Opportunities Fund LP · Ross Koller

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence: 1343 Main Street, Suite 413 Sarasota, FL 34236

(c)

Item 2(c). Citizenship: Koller Capital LLC is a Delaware limited liability company. Koller Microcap Opportunities Fund LP is a Delaware limited partnership. Ross Koller is a citizen of the United States.

(d)

Item 2(d). Title of Class of Securities: Common Stock (the “Shares”).

(e)

Item 2(e). CUSIP Number: 56624R108 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);Page 5 of 6 pages (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J) CUSIP NO. 56624R108 Page 6 of 9 Pages Item 4. Ownership:

(a)

Item 4(a). Amount Beneficially Owned: Aggregate of all Reporting Persons: 3,865,175 Koller Capital LLC – 3,865,175 Koller Microcap Opportunities Fund LP – 3,865,175 Ross Koller – 3,865,175

(b)

Item 4(b). Percent of Class: Aggregate of all Reporting Persons: 9.99% Koller Capital LLC – 9.99% Koller Microcap Opportunities Fund LP – 9.99% Ross Koller – 9.99%

(c)

Item 4(c). Number of shares as to which such person has: (i) Sole power to vote or direct the vote: Koller Capital LLC – 0 Koller Microcap Opportunities Fund LP – 0 Ross Koller – 0 (ii) Shared power to vote or to direct the vote: Koller Capital LLC – 3,865,175 Koller Microcap Opportunities Fund LP – 3,865,175 Ross Koller –3,865,175 (iii) Sole power to dispose or to direct the disposition of Koller Capital LLC – 0 Koller Microcap Opportunities Fund LP – 0 Ross Koller – 0 (iv) Shared power to dispose or to direct the disposition of Koller Capital LLC – 3,865,175 Koller Microcap Opportunities Fund LP – 3,865,175 Ross Koller – 3,865,175 CUSIP NO. 56624R108 Page 7 of 9 Pages Item 5. Ownership of Five Percent or Less of a Class: This Item 5 is not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: This Item 7 is not applicable. Item 8. Identification and Classification of Members of the Group: See Exhibit A. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: By signing below the Reporting Person certifies that, to the best of such person's knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. CUSIP NO. 56624R108 Page 8 of 9 Pages

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 9, 2024 KOLLER CAPITAL LLC By: /s/ Ross Koller Ross Koller Managing Member KOLLER MICROCAP OPPORTUNITIES FUND LP By: /s/ Ross Koller Ross Koller Managing Member of Koller Microcap Opportunities GP LLC, general partner to Koller Microcap Opportunities Fund LP By: /s/ Ross Koller Ross Koller CUSIP NO. 56624R108 Page 9 of 9 Pages EXHIBIT A Joint Filing Agreement The Undersigned agree that the statements on Schedule 13G with respect to the common stock of Marchex, Inc. dated as of February 9th, 2024, is, and any amendment thereto signed by each of the undersigned shall be, filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. Date: February 9, 2024 Signature: /s/ Ross Koller Name: Ross Koller KOLLER MICROCAP OPPORTUNITIES FUND LP By: /s/ Ross Koller Name: Ross Koller Title: Managing Member of Koller Microcap Opportunities GP LLC, general partner to Koller Microcap Opportunities Fund LP KOLLER CAPITAL LLC By: /s/ Ross Koller Name: Ross Koller Title: Managing Member