Marketwise Inc SEC Filings

Monument & Cathedral Holdings and its affiliates filed an amended ownership report on MarketWise, Inc., showing beneficial ownership of 6,983,620 shares of Class A common stock, or 74.3% of that class, based on the company’s latest share count. They also hold 6,983,620 shares of Class B common stock, or 51.3% of that class, through Monument and former equityholders subject to voting proxies.

The amendment discloses that Monument previously proposed to acquire all MarketWise equity it does not already own for $17.25 per share in cash, but has now formally withdrawn this proposal after what it describes as minimal substantive engagement from the board’s special committee. Despite withdrawing the bid, the reporting group states it may continue discussions with MarketWise, its board, financing sources, or other parties regarding possible extraordinary transactions and may buy, sell, or hedge additional securities depending on future circumstances.

MarketWise, Inc. filed a current report to let investors know it has released a press release with preliminary, selected unaudited financial and operational updates for the fourth quarter of 2025. The company states that this information is being furnished, not filed, which limits how it is treated under securities law. The press release is included as Exhibit 99.1 and incorporated by reference for those looking for the detailed numbers and performance metrics.

BlackRock, Inc. has disclosed a passive ownership stake in MarketWise, Inc. Class A stock. As of 12/31/2025, BlackRock reported beneficial ownership of 124,736 Class A shares, representing 5.2% of this share class. BlackRock has sole voting power over 122,313 shares and sole dispositive power over 124,736 shares, with no shared voting or dispositive power.

The filing states that the shares are held in the ordinary course of business and are not intended to change or influence control of MarketWise. Various underlying clients and accounts have rights to dividends or sale proceeds, but no single client holds more than five percent of the company’s outstanding common shares.

MarketWise, Inc. (MKTW) reported that a Special Committee of its Board has retained Centerview Partners LLC as financial advisor and Kirkland & Ellis LLP as legal advisor. The committee is evaluating an unsolicited, non-binding proposal from Monument & Cathedral Holdings, LLC and its affiliates to acquire all MarketWise equity interests they do not already own for cash consideration of $17.25 per share.

The Special Committee’s mandate is to review this proposal and any alternatives that may be available to the company. MarketWise cautions that there is no assurance any transaction will result from this review or what the timing, terms, or conditions of any transaction might be, and it does not plan to provide further updates unless appropriate or required.

MarketWise, Inc. (MKTW) furnished an earnings press release for Q3 ended September 30, 2025 under Item 2.02. The company announced that its third‑quarter results were released and attached as Exhibit 99.1. The information, including the exhibit, is being furnished and is not deemed filed under the Exchange Act, nor incorporated by reference into Securities Act filings except as specifically referenced.

MarketWise, Inc. reported Q3 2025 results. Total net revenue was $81.3 million, down from $97.2 million a year ago, as subscription revenue softened. Income from operations was $17.8 million versus $21.9 million, and net income was $17.9 million compared with $22.7 million. Diluted EPS was $0.58 ($0.87 prior year).

Cash and cash equivalents were $50.5 million at September 30, 2025. Year‑to‑date operating cash flow improved to $21.7 million from a use of $28.1 million last year. Deferred revenue was $373.1 million (current $186.8 million; noncurrent $186.2 million), and remaining performance obligations totaled $374.9 million, about half expected to be recognized over the next twelve months. The company completed a 1‑for‑20 reverse stock split in April 2025, paid regular and special dividends during the period, and repurchased Class A shares. MarketWise, Inc. held a 15.3% ownership interest in MarketWise, LLC as of September 30, 2025.

MarketWise, Inc. received a proposal from Monument & Cathedral Holdings, LLC to acquire all equity interests of MarketWise, Inc. and Marketwise, LLC not already owned by M&C for $17.25 per share in cash. The proposal is contingent upon termination of the Company’s tax receivable agreement concurrent with closing. The Board of Directors is reviewing the proposal with its advisors. The company stated the proposal may or may not lead to a transaction and it does not intend to provide updates unless a definitive agreement is reached or disclosure is otherwise required.

MarketWise (MKTW): Insider transaction reported. The company’s Chief Executive Officer and Director reported a disposition of 1,250 shares of Class A common stock on 09/16/2025 at a price of $0. The filing states these were unvested earnout shares released from escrow and cancelled because the requisite stock price triggers were not met before the earnout period expired on July 21, 2025.

Following the transaction, the reporting person beneficially owned 32,894 shares, held directly.

MarketWise, Inc. (MKTW) reports a Form 4 disclosing that 2,750 Class A common shares were disposed on 09/16/2025 under transaction code J(1). The filing states these shares were unvested earn‑out shares that were released from escrow and then cancelled because the stock‑price triggering events did not occur before the earn‑out period expired on 07/21/2025.

Following the reported transaction the reporting person’s beneficial ownership stands at 34,256 Class A shares, shown as direct ownership. The Form 4 was signed by an attorney‑in‑fact on 10/06/2025.