secwatch / observer
8-K filed October 23, 2023, 7:59 PM ET ticker MKTW CIK 0001805651
leadership confidence high sentiment neutral materiality 0.65

MARKETWISE, INC. (MKTW): Nasdaq/NYSE listing notice — MarketWise appoints founder Porter Stansberry as CEO; board departures trigger Nasdaq non-compliance

MARKETWISE, INC.

item 3.01item 5.02item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Amber Mason

Chief Executive Officer and Director
MKTW · MARKETWISE, INC.
Effective
2023-10-17
Successor
F. Porter Stansberry
Filed
October 23, 2023, 7:59 PM ET
In connection with Mr. Stansberry's appointment, the Board and Amber Mason agreed that Ms. Mason would step down as Chief Executive Officer and resign as a member of the Board, effective immediately.
Appointed

F. Porter Stansberry

Chief Executive Officer and Chairman
MKTW · MARKETWISE, INC.
Effective
2023-10-17
Filed
October 23, 2023, 7:59 PM ET
On October 17, 2023, the Board appointed F. Porter Stansberry to serve as Chief Executive Officer of the Company and Chairman of the Board, effective immediately.
Departed

Riaan Hodgson

Director
MKTW · MARKETWISE, INC.
Effective
2023-10-18
Filed
October 23, 2023, 7:59 PM ET
On October 18, 2023, Mark Gerhard and Riaan Hodgson resigned from the Board, effective immediately.
Departed

Mark Gerhard

Director
MKTW · MARKETWISE, INC.
Effective
2023-10-18
Filed
October 23, 2023, 7:59 PM ET
On October 18, 2023, Mark Gerhard and Riaan Hodgson resigned from the Board, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.96

MARKETWISE, INC. received a nasdaq deficiency notice notice regarding audit committee (rules 5605, 5605(c)(4)).

Exchange
nasdaq
Notice
deficiency notice
Deficiency
audit committee
Rules
5605, 5605(c)(4)
Exact text from the filing
October 19, 2023, MarketWise, Inc. (the “Company”) notified the Nasdaq Listing Qualifications Department (“Nasdaq”) that, due to the resignation of Mark Gerhard and Riaan Hodgson (as described herein), the Company no longer complies with Nasdaq’s audit committee composition requirements as set forth in Listing Rule 5605. The Company informed Nasdaq that it intends to regain compliance with Listing Rule 5605 within the 180-day cure period provided under Listing Rule 5605(c)(4). To that end, the Board of Directors (the “Board”) of the Company is currently seeking to identify director candidates
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Amber Mason departed as Chief Executive Officer and Director at MARKETWISE, INC..

Action
stepped down
Role
Chief Executive Officer and Director
Exact text from the filing
In connection with Mr. Stansberry's appointment, the Board and Amber Mason agreed that Ms. Mason would step down as Chief Executive Officer and resign as a member of the Board, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

F. Porter Stansberry was appointed as Chief Executive Officer and Chairman at MARKETWISE, INC..

Action
appointed
Role
Chief Executive Officer and Chairman
Exact text from the filing
On October 17, 2023, the Board appointed F. Porter Stansberry to serve as Chief Executive Officer of the Company and Chairman of the Board, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Riaan Hodgson resigned as Director at MARKETWISE, INC..

Action
resigned
Role
Director
Exact text from the filing
On October 18, 2023, Mark Gerhard and Riaan Hodgson resigned from the Board, effective immediately.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Mark Gerhard resigned as Director at MARKETWISE, INC..

Action
resigned
Role
Director
Exact text from the filing
On October 18, 2023, Mark Gerhard and Riaan Hodgson resigned from the Board, effective immediately.
View on SEC.gov

20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

MARKETWISE, INC. filing history →

Source: SEC EDGAR
accession 0001628280-23-034920
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.