---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034822"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:49:21.883681+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# MarketWise CEO plans to sell Porter & Co. to MarketWise; will run independently

## Summary
- CEO/Chairman Porter Stansberry announced plan to sell his company Porter & Co. to MarketWise.
- Transaction intended to align interests; Porter & Co. would operate independently like other MarketWise units.
- Deal is a related-party transaction given Stansberry's dual role as CEO and Chairman.
- No further details on valuation, timing, or board approval disclosed in the communication.

## SEC filing metadata
- accession: 0001628280-23-034822
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828023034822/0001628280-23-034822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828023034822/mktw-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034822
- JSON: https://secwatch.observer/filing/0001628280-23-034822.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034822.txt

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