# EDGAR Filing Document

**Accession Number:** 0001871335
**File Stem:** 0001140361-26-010769
**Filing Date:** 2026-3
**Character Count:** 11474
**Document Hash:** 412b2a07a028445041229f4e9be0f514
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-010769.hdr.sgml**: 20260323

**ACCESSION NUMBER**: 0001140361-26-010769

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260323

**DATE AS OF CHANGE**: 20260323

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MARKETWISE, INC.
- **CENTRAL INDEX KEY:** 0001805651
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 871767914
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91587
- **FILM NUMBER:** 26782677

**BUSINESS ADDRESS:**
- **STREET 1:** 1125 N. CHARLES STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21201
- **BUSINESS PHONE:** (888) 438-9694

**MAIL ADDRESS:**
- **STREET 1:** 1125 N. CHARLES STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ascendant Digital Acquisition Corp.
- **DATE OF NAME CHANGE:** 20200305
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Stansberry Frank Porter
- **CENTRAL INDEX KEY:** 0001871335

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** C/O MARKETWISE
- **STREET 2:** 1125 N. CHARLES STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21201

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 10)**

**MarketWise, Inc.**

*(Name of Issuer)*

**Class A common stock**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Frank Porter Stansberry**<br>1001 Cathedral Street<br>Fourth Floor<br>Baltimore MD 21201<br>(888) 610-8895

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**03/19/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Frank Porter Stansberry** | Name of reporting person<br>**Frank Porter Stansberry** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**3081266.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3081266.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3081266.00** | Aggregate amount beneficially owned by each reporting person<br>**3081266.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**58.29%** | Percent of class represented by amount in Row (11)<br>**58.29%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Note to Rows 7, 9, and 11: Effective April 2, 2025, the Issuer effected a 1-for-20 reverse stock split of its common stock. The amount of securities reported herein has been adjusted to reflect the reverse stock split. Excludes 6,775 shares of Class A common stock underlying an award of restricted stock units granted to the reporting person on June 12, 2025, which will vest on the earlier of (i) the day immediately preceding the date of the 2026 Annual Meeting of Shareholders and (ii) June 12, 2026, subject to the Reporting Person continuing in service on the Issuer's Board of Directors through the applicable vesting date.
Note to Row 13: Based on an aggregate of 2,448,135 shares of Class A common stock outstanding as of March 2, 2026 according to the Issuer's Annual Report on Form 10-K, filed with the SEC on March 6, 2026. In computing the number of shares beneficially owned by a person and the percentage ownership of that person, all shares subject to options held by such person were deemed outstanding if such options are currently vested or will vest within 60 days of the date of this report. These shares were not deemed outstanding, however, for the purpose of computing the percentage ownership of any other person.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A common stock

**(b) Name of Issuer:**
MarketWise, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
1125 N. Charles Street, Baltimore, MD, 21201

This Amendment No. 10 (the "Amendment") to the Schedule 13D (the "Schedule 13D") originally filed with the United States Securities and Exchange Commission (the "SEC") on September 9, 2022, as amended on January 20, 2023, March 14, 2023, May 3, 2023, August 15, 2023, August 30, 2023, September 8, 2023, October 19, 2023, July 8, 2024, and August 13, 2024, by Frank Porter Stansberry relating to the Class A Common Stock of MarketWise, Inc., is being filed to amend the reporting person and to report the acquisition of shares of Class A Common Stock by the reporting person in open market purchases on March 19, 2026 and March 20, 2026. The shares set forth in this Amendment have been adjusted to reflect a 1-for-20 reverse stock split of the Issuer's common stock, effected on April 2, 2025. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Schedule 13D. The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. Items 3 and 4 to the Schedule 13D are supplementally amended as follows, and Item 5 to the Schedule 13D is amended and restated as follows.

**Item 4. Purpose of Transaction**

Item 4 of Schedule 13D is hereby amended and supplemented by adding the following:

The Reporting Person believes that the Issuer's Class A Common Stock were undervalued by the market at the times of the share purchases. The Reporting Person further intends to review the investment in the Issuer on a continuing basis and may acquire additional shares of Class A Common Stock or dispose of shares of Class A Common Stock based upon consideration of various factors, including, without limitation, the price levels of the Class A Common Stock, general market and economic conditions, the Issuer's business, financial condition, and prospects, and the Reporting Person's need for liquidity.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5 of Schedule 13D is hereby amended and restated in its entirety as follows: The information set forth in the facing pages of this Amendment with respect to the beneficial ownership of the Reporting Person is incorporated by reference into this Item 5. The Reporting Person is the beneficial owner of 3,081,266 shares of Class A Common Stock, constituting approximately 58.29% of the class outstanding. Specifically, the Reporting Person is the holder of record of 239,946 shares of Class A Common Stock purchased in open market transactions and acquired pursuant to the redemption of Common Units of MarketWise, LLC and 3,660 shares of Class A Common Stock acquired upon the vesting of restricted stock units. Additionally, the Reporting Person has the right to acquire 2,837,659 shares of Class A Common Stock consisting of 2,709,327 shares of Class A Common Stock underlying Common Units of MarketWise, LLC held of record by the Reporting Person and 128,332 shares of Class A Common Stock underlying Common Units of MarketWise, LLC held by a limited liability company over which the Reporting Person has beneficial ownership. Excludes 6,775 shares of Class A Common Stock underlying an award of restricted stock units granted to the reporting person on June 12, 2025, which will vest on the earlier of (i) the day immediately preceding the date of the 2026 Annual Meeting of Shareholders and (ii) June 12, 2026, subject to the Reporting Person continuing in service on the Issuer's Board of Directors through the applicable vesting date. The Reporting Person's aggregate percentage beneficial ownership was based on (i) 2,448,135 shares of Class A Common Stock outstanding as of March 2, 2026, as reported by the Issuer in its Annual Report on Form 10-K filed with the SEC on March 6, 2026, and (ii) in accordance with Rule 13d-3(d)(1)(i), the 2,837,659 shares of Class A Common Stock underlying the Common Units of MarketWise, LLC beneficially owned by the Reporting Person are deemed to be outstanding for the purpose of computing the percentage of outstanding securities of the class owned by the Reporting Person only.

**(b)**
For the Reporting Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Amendment and are incorporated herein by reference.

**(c)**
The chart below describes transactions in the last sixty days by the Reporting Person in shares of Class A Common Stock.

Transaction Date	Transaction Type	Number of Shares	Per Share Price
March 19, 2026	Open Market Purchase	            1,000.00 	 $             13.79
March 19, 2026	Open Market Purchase	            1,000.00 	 $             13.86
March 19, 2026	Open Market Purchase	            1,000.00 	 $             13.95
March 19, 2026	Open Market Purchase	          10,000.00 	 $             14.22
March 19, 2026	Open Market Purchase	          10,000.00 	 $             14.47
March 19, 2026	Open Market Purchase	               103.00 	 $             14.74
March 20, 2026	Open Market Purchase	               946.00 	 $             16.00
March 20, 2026	Open Market Purchase	            4,440.00 	 $             15.90
March 20, 2026	Open Market Purchase	            1,000.00 	 $             15.54
March 20, 2026	Open Market Purchase	               884.00 	 $             15.02
March 20, 2026	Open Market Purchase	            5,000.00 	 $             14.92
March 20, 2026	Open Market Purchase	            5,000.00 	 $             14.63

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Frank Porter Stansberry

**Signature:** /s/ Frank Porter Stansberry

**Name/Title:** Frank Porter Stansberry

**Date:** 03/23/2026