Marin Software INC
Market Movers (8-K)
Marin Software Incorporated successfully confirmed its Chapter 11 Plan of Reorganization, leading to the cancellation of existing equity and a new ownership structure.
Capital raise
Marin Software's Chapter 11 reorganization plan, approved by the Bankruptcy Court, aims to pay all creditors in full while canceling existing equity, with a slim chance for residual cash distribution to shareholders.
Capital raise
Marin Software Incorporated announced its common stock delisting from Nasdaq, the filing of a Chapter 11 bankruptcy petition, and the termination of its independent registered public accounting firm.
Worse than expected
Marin Software Incorporated has initiated a pre-negotiated Chapter 11 financial reorganization with strategic investor Kaxxa Holdings, Inc. to strengthen its financial position and ensure long-term growth, despite recent Nasdaq delisting.
Worse than expected
Capital raise
Marin Software Incorporated has filed a voluntary petition for Chapter 11 bankruptcy, secured $1.2 million in debtor-in-possession financing, and entered into a restructuring support agreement to sell substantially all assets to Kaxxa Holdings, Inc., aiming to pay unsecured creditors in full and provide a distribution to stockholders.
Worse than expected
Capital raise
8-K: Marin Software Faces Nasdaq Delisting Amidst Filing Failures and Explores Strategic Alternatives
Marin Software Incorporated is set to be delisted from Nasdaq due to its failure to timely file required financial reports, prompting the company to explore a potential asset acquisition or voluntary dissolution.
Worse than expected
Delay expected
Quarterly Earnings (10-Q)
Marin Software's Q3 2024 results show a net loss and revenue decrease, alongside a new restructuring plan and exploration of strategic alternatives.
Worse than expected
Capital raise
Marin Software's Q2 2024 results show a continued decline in revenue and a net loss, while the company explores strategic alternatives due to concerns about its ability to continue as a going concern.
Worse than expected
Capital raise
Marin Software's Q1 2024 results show a decrease in revenue and a net loss, raising substantial doubt about the company's ability to continue as a going concern.
Worse than expected
Capital raise
Annual Reports (10-K)
10-K/A: Marin Software Files Amended 10-K After Typographical Error, Reports $21.9 Million Net Loss for 2023
Marin Software has filed an amended 10-K report to correct a minor error, while also reporting a net loss of $21.9 million for the fiscal year ended December 31, 2023.
Capital raise
Worse than expected
Marin Software's 2023 annual report reveals a challenging year marked by revenue decline and restructuring efforts, raising concerns about the company's ability to continue as a going concern.
Capital raise
Worse than expected
Insider Trading (Form 4)
Marin Software Inc. director Donald P. Hutchison's common stock and options were cancelled following the company's Chapter 11 bankruptcy reorganization plan becoming effective.
Worse than expected
Marin Software CEO Christopher A. Lien's common stock and options were cancelled effective September 5, 2025, following the company's Chapter 11 Plan of Reorganization.
Worse than expected
Marin Software's director Brian K. Kinion reports cancellation of all common stock and options following the company's Chapter 11 reorganization plan.
Worse than expected
Marin Software Inc. director Daina Middleton's equity holdings, including common stock and options, were canceled following the company's Chapter 11 reorganization plan becoming effective.
Worse than expected
Marin Software's EVP of Product and Technology, Wister Walcott, had all his common stock and employee stock options cancelled following the company's Chapter 11 Plan of Reorganization.
Worse than expected
Marin Software Inc. director L. Gordon Crovitz reports the cancellation of all common stock and stock options following the company's Chapter 11 Plan of Reorganization.
Worse than expected
Proxy Statements (Def-14A)
Marin Software Incorporated has announced a non-binding letter of intent for a potential sale of substantially all its assets and secured a $300,000 promissory note, while still recommending stockholder approval for its voluntary dissolution.
Worse than expected
Capital raise
Marin Software files a notification of late filing for its Q1 2025 report due to ongoing plans for liquidation and dissolution, revealing a net loss of $0.9 million and raising doubts about its ability to continue as a going concern.
Worse than expected
Delay expected
Marin Software plans to dissolve and liquidate its assets, pending stockholder approval, due to declining revenues and inability to raise capital.
Worse than expected
Marin Software has amended its proxy statement to reflect a revised effective time for the reverse stock split, moving it from April 5, 2024, to April 12, 2024.
Delay expected
Marin Software is asking stockholders to approve a reverse stock split and a reduction in authorized shares to increase its stock price and maintain its Nasdaq listing.
Worse than expected