{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-036599","form_type":"8-K","ticker":"MKTW","cik":"0001805651","company_name":"MARKETWISE, INC.","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.587396+00:00","generated_at":"2026-05-31T10:06:27.207684+00:00","sec_items":["5.02","7.01","8.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MarketWise CEO Stansberry resigns; deal for Porter & Co. terminated","bullets":["F. Porter Stansberry resigns as CEO and Chairman, effective Aug 9, 2024; remains on board.","Board appoints Dr. David Eifrig as interim CEO; Matthew Turner as Acting Chairman.","Company and Stansberry terminate negotiations to acquire Porter & Co. (100% membership interests).","Stansberry cites refusal of special committee to close $10M-upfront deal for Porter & Co., which had $28M billings in 2023.","Porter & Co. had 25,000+ customers, $1,999 ARPU, and 30% subscriber growth in 2024 per Stansberry."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-036599","json":"https://secwatch.observer/filing/0001628280-24-036599.json","markdown":"https://secwatch.observer/filing/0001628280-24-036599.md","text":"https://secwatch.observer/filing/0001628280-24-036599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805651/000162828024036599/0001628280-24-036599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805651/000162828024036599/mktw-20240809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:06:27.207684+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":"71277e5ab5","claim":"Dr. David Eifrig was appointed as Interim Chief Executive Officer at MARKETWISE, INC..","evidence_excerpt":"On August 10, 2024, the Board appointed Dr. David Eifrig, currently a director of the Company, to serve as interim Chief Executive Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828024036599/0001628280-24-036599-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"a9e2b4345d","claim":"Matthew Turner was appointed as Acting Chairman of the Board at MARKETWISE, INC..","evidence_excerpt":"On August 10, 2024, the Board appointed Matthew Turner, currently a director of the Company, to serve as Acting Chairman of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805651/000162828024036599/0001628280-24-036599-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Acting Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}