---
title: "Marchex issues $10 million convertible notes to fund Archenia acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291458085.md"
description: "Marchex completed the acquisition of Archenia on July 1, 2026, by issuing $10 million in convertible promissory notes to the sellers. These notes bear a 6% interest rate and are repayable in three equal tranches at 12, 18, and 24 months post-closing. Both principal and accrued interest are convertible into Marchex Class B common stock at a price of $1.80 per share."
datetime: "2026-07-01T20:18:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291458085.md)
  - [en](https://longbridge.com/en/news/291458085.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291458085.md)
generator: "portal-rs"
---

# Marchex issues $10 million convertible notes to fund Archenia acquisition

-   Marchex closed its acquisition of Archenia on July 1, 2026, issuing USD 10 million of convertible promissory notes to the sellers. \* The notes carry 6% interest, repayable in three equal tranches on the 12-, 18- and 24-month anniversaries of closing. \* Principal and interest are convertible into Marchex Class B common stock at USD 1.8 per share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marchex Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-292561), on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**