Marchex Inc. Enters Material Definitive Agreement
Ticker: MCHX · Form: 8-K · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: material-definitive-agreement, new-contract
Related Tickers: MCHX
TL;DR
Marchex just signed a big deal, details TBD.
AI Summary
On May 7, 2024, Marchex, Inc. entered into a Material Definitive Agreement. The filing does not provide specific details about the agreement, its terms, or any involved parties beyond the registrant itself.
Why It Matters
This filing indicates a significant new contract or partnership for Marchex, Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and potential impact of the agreement.
Key Players & Entities
- Marchex, Inc. (company) — Registrant
FAQ
What is the nature of the Material Definitive Agreement Marchex, Inc. entered into?
The filing does not specify the nature of the agreement, only that one was entered into on May 7, 2024.
Who are the other parties involved in this Material Definitive Agreement?
The filing does not disclose the names of any other parties involved in the agreement.
What are the key terms and financial implications of this agreement for Marchex, Inc.?
The filing does not provide any details regarding the terms or financial implications of the agreement.
When was the Material Definitive Agreement officially entered into?
The agreement was entered into on May 7, 2024.
Does this agreement represent an acquisition, partnership, or other type of business arrangement?
The filing does not specify the type of business arrangement, only that it is a Material Definitive Agreement.
Filing Stats: 614 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-05-07 16:20:16
Key Financial Figures
- $0.01 — tered Class B Common Stock, par value $0.01 per share MCHX The Nasdaq Global Se
Filing Documents
- mchx-20240507.htm (8-K) — 43KB
- mchx-ex99_1.htm (EX-99.1) — 240KB
- 0000950170-24-054547.txt ( ) — 416KB
- mchx-20240507.xsd (EX-101.SCH) — 30KB
- mchx-20240507_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 7, 2024, Marchex, Inc. (" Marchex ") is issuing a press release and holding a conference call regarding its financial results for the first quarter ended March 31, 2024 (the " Press Release "). The full text of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 2.02 (including Exhibit 99.1) is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Marchex is referencing non-GAAP financial information in both the Press Release and on the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached Press Release. Disclosures regarding definitions of these financial measures used by Marchex and why Marchex's management believes these financial measures provide useful information to investors is also included in the Press Release.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Marchex, dated May 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Marchex has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized. MARCHEX, INC. Date: May 7, 2024 By: /s/ HOLLY A. AGLIO Name: Holly A. Aglio Title: Chief Financial Officer (Principal Financial Officer)