XML 47 R37.htm IDEA: XBRL DOCUMENT v3.22.1
Organization (Details)
$ / shares in Units, $ in Millions
Jul. 21, 2021
USD ($)
$ / shares
shares
Mar. 31, 2022
$ / shares
shares
Dec. 31, 2021
$ / shares
shares
Jul. 22, 2021
shares
Subsidiary, Sale of Stock [Line Items]        
Recapitalization exchange ratio 1      
Number of shares called by each warrant 1      
Recapitalization units exchange ratio, shares (in shares) 1      
Recapitalization units exchange ratio, warrants (in shares) 0.5      
Reverse recapitalization, common units issued (in shares) 28,003,096      
Warrants issued (in shares) 30,979,993      
PIPE Investors shares subscribed (in shares) 15,000,000      
Sale of stock price per share (in USD per share) | $ / shares $ 10.00      
Consideration received | $ $ 150.0      
Warrants outstanding (in shares) 30,979,993      
Reverse Recapitalization cash proceeds | $ $ 113.6      
Proceeds from recapitalization, reclassification of Trust Account | $ 414.6      
Proceeds from PIPE investment | $ 150.0      
Payment of non-recurring transaction costs | $ 48.8      
Settlement of deferred underwriters' discount | $ 14.5      
Payments to redeeming shareholders | $ 387.7      
Establishment of warrant liabilities | $ 45.0      
Establishment of deferred taxes | $ $ 11.1      
Sponsor        
Subsidiary, Sale of Stock [Line Items]        
Sponsor Earn Out Shares (in shares) 3,051,000      
Private Warrants        
Subsidiary, Sale of Stock [Line Items]        
Warrants outstanding (in shares) 10,280,000      
Ascendant Digital Acquisition Corp Public Shareholders | MarketWise, Inc.        
Subsidiary, Sale of Stock [Line Items]        
Ownership percentage 0.10%      
MarketWise Members | MarketWise, Inc.        
Subsidiary, Sale of Stock [Line Items]        
Ownership percentage 91.20%      
Ascendant Sponsor LP | MarketWise, Inc.        
Subsidiary, Sale of Stock [Line Items]        
Ownership percentage 3.20%      
PIPE Investors | MarketWise, Inc.        
Subsidiary, Sale of Stock [Line Items]        
Ownership percentage 4.70%      
Common Stock - Class A        
Subsidiary, Sale of Stock [Line Items]        
Common stock, par value (USD per share) | $ / shares $ 0.0001 $ 0.0001 $ 0.0001  
Common stock, outstanding (in shares)   22,574,956 24,718,402 28,003,096
Common Stock - Class A | Ascendant Digital Acquisition Corp.        
Subsidiary, Sale of Stock [Line Items]        
Common stock, par value (USD per share) | $ / shares 0.0001      
Common Stock - Class B        
Subsidiary, Sale of Stock [Line Items]        
Common stock, par value (USD per share) | $ / shares $ 0.0001 $ 0.0001 $ 0.0001  
Stock issued during reverse recapitalization (in shares) 291,092,303      
Common stock, outstanding (in shares) 291,092,303 291,092,303 291,092,303