0001871335-23-000007.txt : 20230824
0001871335-23-000007.hdr.sgml : 20230824
20230824173759
ACCESSION NUMBER: 0001871335-23-000007
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230822
FILED AS OF DATE: 20230824
DATE AS OF CHANGE: 20230824
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stansberry Frank Porter
CENTRAL INDEX KEY: 0001871335
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39405
FILM NUMBER: 231203156
MAIL ADDRESS:
STREET 1: 1217 ST. PAUL STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARKETWISE, INC.
CENTRAL INDEX KEY: 0001805651
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 667 MADISON AVENUE
STREET 2: 5TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10065
BUSINESS PHONE: (212) 209-6126
MAIL ADDRESS:
STREET 1: 667 MADISON AVENUE
STREET 2: 5TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10065
FORMER COMPANY:
FORMER CONFORMED NAME: Ascendant Digital Acquisition Corp.
DATE OF NAME CHANGE: 20200305
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0508
4
2023-08-22
0
0001805651
MARKETWISE, INC.
MKTW
0001871335
Stansberry Frank Porter
1001 CATHEDRAL STREET, FOURTH FLOOR
BALTIMORE
MD
21201
0
0
1
0
0
Class B Common Stock
2023-08-22
4
J
0
500000
D
61497571
D
Class A Common Stock
2023-08-22
4
J
0
500000
A
3351014
D
Class A Common Stock
2023-08-22
4
S
0
32547
1.49
D
3318467
D
Class A Common Stock
2023-08-23
4
S
0
36000
1.44
D
3282467
D
Class A Common Stock
2023-08-24
4
S
0
55000
1.42
D
3227467
D
Common Units
2023-08-22
4
C
0
500000
D
Class A Common Stock
500000
61497571
D
The Reporting Person originally received Common Units and Class B Common Stock as consideration for LLC units of MarketWise, LLC in connection with the Business Combination Agreement, as defined and described in the Issuer's prospectus filed with the Securities and Exchange Commission on July 1, 2021. The Common Units are redeemable for shares of Class A Common Stock on a one-for-one basis at the option of the holder. Upon the redemption of any Common Units, a number of Class B Common Stock equal to the number of Common Units that are redeemed are cancelled by the Issuer for no consideration. On August 22, 2023, the Reporting Person redeemed 500,000 Common Units for Class A Common Stock on a one-for-one basis. As a result of the redemption, 500,000 Class B Common Stock beneficially owned by the Reporting Person were cancelled and the Reporting Person acquired 500,000 Class A Common Stock.
Frank Porter Stansberry
2023-08-24