0001871335-23-000012.txt : 20231019 0001871335-23-000012.hdr.sgml : 20231019 20231019200937 ACCESSION NUMBER: 0001871335-23-000012 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230906 FILED AS OF DATE: 20231019 DATE AS OF CHANGE: 20231019 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: 231335795 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 2023-09-06 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 2023-09-06 4 J 0 1000000 D 54186545 D Class A Common Stock 2023-09-06 4 J 0 1000000 A 3991467 D Common Units 2023-09-06 4 C 0 1000000 D Class A Common Stock 1000000 54186545 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 September 6, 2023, the Reporting Person redeemed 1,000,000 Common Units for Class A Common Stock on a one-for-one basis. As a result of the redemption, 1,000,000 Class B Common Stock beneficially owned by the Reporting Person were cancelled and the Reporting Person acquired 1,000,000 Class A Common Stock. Uncertainty concerning the status of the conversion delayed the filing of this Form. Frank Porter Stansberry 2023-10-19