0000950170-24-015325.txt : 20240214
0000950170-24-015325.hdr.sgml : 20240214
20240214170535
ACCESSION NUMBER: 0000950170-24-015325
CONFORMED SUBMISSION TYPE: 5
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240214
DATE AS OF CHANGE: 20240214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Arnold Mark Patrick
CENTRAL INDEX KEY: 0001871594
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 5
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39405
FILM NUMBER: 24640281
MAIL ADDRESS:
STREET 1: C/O MARKETWISE
STREET 2: 1125 N. CHARLES STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARKETWISE, INC.
CENTRAL INDEX KEY: 0001805651
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
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
5
1
ownership.xml
5
X0508
5
2023-12-31
0
1
0001805651
MARKETWISE, INC.
MKTW
0001871594
Arnold Mark Patrick
1125 N. CHARLES ST.
BALTIMORE
MD
21201
false
false
true
false
false
Class B Common Stock
2023-06-14
4
J
false
1000000
0
D
10261859
D
Class A Common Stock
2023-06-14
4
M
false
1000000
0
A
1019591.13
D
Class A Common Stock
2023-06-16
4
S
false
1000000
1.80
D
19591.13
D
Class A Common Stock
2023-06-20
4
S
false
19591.13
2.39
D
0
D
Class B Common Stock
4059962
I
See Footnote
Common Units
2023-06-14
5
C
false
1000000
0
D
Class A Common Stock
1000000
10261859
D
Common Units
Class A Common Stock
4059962
4059962
I
See Footnote
Reflects the automatic cancellation of Class B Common Stock upon the redemption of an equal number of Common Units.
The Reporting Person was issued the Class A Common Stock in connection with the redemption of his Common Units and the cancellation of his Class B Common Stock.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $2.3599 to $2.4002, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
These securities are owned by Jama 2021, LLC, of which a trust is a member and of which the Reporting Person is a member and a manager. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein.
Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
The Common Units are redeemable at any time by the Reporting Person for, at the election of the Issuer, newly-issued Class A common stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one Class A common stock for each Common Unit redeemed. Upon the redemption of any Common Units, a number of Class B common stock equal to the number of Common Units that are redeemed will be cancelled by the Issuer for no consideration.
/s/ Mark Arnold
2024-02-14