Business Context and Reporting Period
This Form 8-K Current Report was filed by Marchex, Inc. on March 30, 2004. The report discloses the company's initial public offering (IPO) of Class B common stock.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures. The primary financial data disclosed relates to the capital raise:
- Shares Offered: 4,600,000 shares of Class B common stock.
- Over-Allotment: Includes 600,000 additional shares issuable to underwriters.
- Offering Price: $6.50 per share.
- Par Value: $0.01 per share.
Material Changes
The material change reported is the transition to a public company status through the IPO. No comparative financial performance data or changes in operating metrics versus prior periods are included in this specific filing.
Guidance, Outlook, and Risks
The filing incorporates a press release (Exhibit 99.1) by reference but does not contain explicit management commentary, future guidance, or a detailed risk factor analysis within the text of the 8-K itself. The report notes that the information is furnished under Regulation FD and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the final number of shares sold and total gross proceeds in the subsequent S-1/A or final prospectus.
- Confirm the use of proceeds as detailed in the full prospectus.
- Review the full press release (Exhibit 99.1) for any additional operational details not summarized here.
- Check for the exercise of the over-allotment option by underwriters.