Marin Software Equity Wiped Out in Bankruptcy Liquidation

The final chapter has closed for Marin Software Incorporated, with all remaining shares officially delisted on September 5, 2025. This action concludes the bankruptcy process for the advertising technology firm, which once commanded a market valuation exceeding $425 million. Existing equity securities are now worthless and no longer publicly traded.

Marin Software’s journey to insolvency began years before its final delisting. The company, which had been unprofitable since 2016 despite a 2024 artificial intelligence initiative, saw its market capitalization plummet below $10 million by the end of 2024.

The decisive turning point arrived on April 10, 2025, when management disclosed a formal dissolution and liquidation strategy. This announcement preceded a delisting warning from Nasdaq on June 17, 2025, and Read more...