---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-012422"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:35:13.881088+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MarketWise expands board to 11, appoints 4 new directors in settlement with investors

## Summary
- Board will immediately appoint Matthew Turner as Class II director, increasing board to 8.
- Board will further expand to 11 and appoint David Eifrig, Glenn Tongue, and Matthew Smith if F. Porter Stansberry withdraws his slate and settles.
- Investors holding ~133M Class B shares agree to vote all shares in favor of Board nominees at 2023 Annual Meeting.
- Voting agreement dated April 17, 2023; proxy granted to CEO if investors breach voting commitment.

## SEC filing metadata
- accession: 0001628280-23-012422
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828023012422/0001628280-23-012422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828023012422/mktw-20230417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-012422
- JSON: https://secwatch.observer/filing/0001628280-23-012422.json
- Plain text: https://secwatch.observer/filing/0001628280-23-012422.txt

## Key facts
- Material Agreements
  MARKETWISE, INC. entered into Voting Agreement with Monument & Cathedral Holdings, LLC and the other persons and entities listed on Schedule A thereto (effective 2023-04-17).
  - Action: entry
  - Counterparty: Monument & Cathedral Holdings, LLC and the other persons and entities listed on Schedule A thereto
  - Effective: 2023-04-17
  source text: On April 17, 2023, MarketWise, Inc. (the “Company”) entered into a Voting Agreement (the “Voting Agreement”) by and among the Company, Monument & Cathedral Holdings, LLC (“Monument”) and the other persons and entities listed on Schedule A thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805651/000162828023012422/0001628280-23-012422-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.