MarketWise, Inc. - Schedule 13D/A Filing

2026-03-23SEC Filing SCHEDULE 13D/A (0001140361-26-010769)

This filing is an amendment to a previously submitted Schedule 13D, detailing Frank Porter Stansberry's increased ownership in MarketWise, Inc. Stansberry acquired an additional 40,373 shares of Class A Common Stock through open market purchases on March 19 and 20, 2026, for an aggregate price of $592,292.42, funded by personal assets. The reported shares have been adjusted to reflect a 1-for-20 reverse stock split effective April 2, 2025. Stansberry believes the stock is undervalued and may acquire or dispose of additional shares based on market conditions and the company's performance. Following these transactions, Stansberry beneficially owns 3,081,266 shares, representing approximately 58.29% of the outstanding Class A Common Stock. This ownership includes shares acquired through open market transactions and other means, as well as shares underlying vested and unvested equity awards. The filing also clarifies the calculation basis for his aggregate percentage beneficial ownership.