Benzinga | Nov 9, 2020 06:14AM EST

Marchex Files For Prospectus Related To ~3.6M Shares of Common Stock That May Be Sold From Time To Time By Selling Shareholders

This prospectus relates to 3,582,960 shares of our Class B common stock that may be sold from time to time by the selling stockholders named in this prospectus. We have contractually agreed to register such shares for resale by the selling stockholders, but the registration of the shares does not necessarily mean that any of such shares will be offered or sold by the selling stockholders.

This offering is not being underwritten. The selling stockholders may offer the shares through public or private transactions at the market price for our Class B common stock at the time of the sale, a price related to the market price, a negotiated price or such other prices as the selling stockholders determine from time to time. See "Plan of Distribution" beginning on page __.

All of the net proceeds from the sale of these shares of Class B common stock will go to the selling stockholders. We will not receive any proceeds from sales of these shares. We will bear the costs relating to the registration of these shares.