{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-014918","form_type":"8-K","ticker":"MKTW","cik":"0001805651","company_name":"MARKETWISE, INC.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.689316+00:00","generated_at":"2026-06-16T03:45:43.451973+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MarketWise settles proxy contest; appoints four new directors, board to shrink to nine","bullets":["Directors Eifrig, Tongue, Smith appointed per settlement; Turner added via Voting Agreement; Borges resigned.","Board fixed at ten until 2023 annual meeting (Idzik's term ends), then reduced to nine.","Investors withdraw nominations, agree to vote for Board's nominees; standstill 90 days after 2023 meeting.","Proxy contest resolved; no financial terms disclosed; settlement filed as Exhibit 10.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-014918","json":"https://secwatch.observer/filing/0001628280-23-014918.json","markdown":"https://secwatch.observer/filing/0001628280-23-014918.md","text":"https://secwatch.observer/filing/0001628280-23-014918.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/mktw-20230428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:45:43.451973+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d1fbadffb","claim":"David Eifrig was appointed as Director at MARKETWISE, INC..","evidence_excerpt":"the Company appointed Matthew Turner, David Eifrig, Glenn Tongue and Matthew Smith (the “New Directors”) as members of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"31e25f6f43","claim":"Manuel Borges resigned as Director at MARKETWISE, INC..","evidence_excerpt":"Mr. Manuel Borges resigned as a director of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"63ce0bad0e","claim":"Glenn Tongue was appointed as Director at MARKETWISE, INC..","evidence_excerpt":"the Company appointed Matthew Turner, David Eifrig, Glenn Tongue and Matthew Smith (the “New Directors”) as members of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"78bb38b9ea","claim":"Matthew Smith was appointed as Director at MARKETWISE, INC..","evidence_excerpt":"the Company appointed Matthew Turner, David Eifrig, Glenn Tongue and Matthew Smith (the “New Directors”) as members of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f56bcbc3e5","claim":"Matthew Turner was appointed as Director at MARKETWISE, INC..","evidence_excerpt":"the Company appointed Matthew Turner, David Eifrig, Glenn Tongue and Matthew Smith (the “New Directors”) as members of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"6e3841cc518d5b54d427420f345d8c19f3cf5207","claim":"MARKETWISE, INC. entered into Settlement Agreement with F. Porter Stansberry and Stokes Holdings, LLC (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, MarketWise, Inc. (the “Company”) entered into a Settlement Agreement (the “Settlement Agreement”) by and among the Company, F. Porter Stansberry and Stokes Holdings, LLC (collectively, the “Investors”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828023014918/0001628280-23-014918-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"F. Porter Stansberry and Stokes Holdings, LLC"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}