MarketWise confirms Monument & Cathedral Holdings has withdrawn its acquisition proposal, citing undervaluation concerns.
Quiver AI Summary
MarketWise, Inc. announced that Monument & Cathedral Holdings has withdrawn its unsolicited proposal to acquire the company's outstanding securities for $17.25 per share due to the Special Committee of the Board's conclusion that the offer undervalued the company. The Board's evaluation, conducted with independent advisors, aimed to maximize shareholder value. MarketWise remains focused on its strategy to achieve sustainable growth in subscription sales, enhance efficiency, and return capital to shareholders, evidenced by a 42% year-over-year increase in fourth-quarter billings and a strong cash flow of $45 million for 2025, along with a notable 13% cash dividend yield. The company's commitment to key priorities such as product innovation and subscriber growth continues as it prepares to release its financial results for 2025 in March 2026.
Potential Positives
- M&C has withdrawn its unsolicited acquisition proposal, signaling confidence in MarketWise's value and potential.
- The Special Committee deemed the previous offer to be undervalued, reflecting a strong commitment to maximizing shareholder value.
- Fourth quarter Billings increased by 42% year-over-year, indicating robust growth and operational momentum.
- The company reported full-year 2025 Cash Flow from Operating Activities of $45 million, exceeding guidance and demonstrating effective financial management.
Potential Negatives
- M&C's withdrawal of the acquisition proposal may signal a lack of confidence in the Company's valuation or future prospects, which could negatively impact investor sentiment.
- The proposal's rejection was based on feedback that the offered price undervalued the Company, which could raise concerns about how the market perceives the Company's true value.
- The company still faces significant risks and uncertainties affecting its business model, including potential regulatory challenges and market conditions that could hinder growth.
FAQ
What was the recent proposal made by Monument & Cathedral Holdings?
Monument & Cathedral Holdings proposed to acquire all outstanding securities of MarketWise for $17.25 per share but has since withdrawn the proposal.
Why did MarketWise's Board decline the acquisition proposal?
The Board found the proposed offer price undervalued the Company’s stock, leading to its withdrawal after careful evaluation and feedback.
What is MarketWise's current business strategy?
MarketWise focuses on driving sustainable growth through high-margin subscription sales, enhancing operational efficiency, and returning capital to shareholders.
When will MarketWise release its next financial results?
MarketWise plans to release its fourth quarter and full-year 2025 financial results in March 2026.
How did MarketWise perform financially in 2025?
MarketWise saw a 42% year-over-year increase in Billings, with Cash Flow from Operating Activities reaching $45 million, exceeding guidance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MKTW Revenue
$MKTW had revenues of $81.3M in Q3 2025. This is a decrease of -16.38% from the same period in the prior year.
You can track MKTW financials on Quiver Quantitative's MKTW stock page.
$MKTW Hedge Fund Activity
We have seen 20 institutional investors add shares of $MKTW stock to their portfolio, and 22 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 11,571 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $173,796
- RAYMOND JAMES FINANCIAL INC removed 11,438 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $189,070
- AQR CAPITAL MANAGEMENT LLC removed 10,965 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $164,694
- BARCLAYS PLC added 9,961 shares (+7.0%) to their portfolio in Q4 2025, for an estimated $149,614
- UBS GROUP AG removed 6,185 shares (-94.9%) from their portfolio in Q4 2025, for an estimated $92,898
- MTM INVESTMENT MANAGEMENT, LLC removed 2,861 shares (-13.2%) from their portfolio in Q4 2025, for an estimated $42,972
- BLACKROCK, INC. added 2,371 shares (+1.9%) to their portfolio in Q4 2025, for an estimated $35,612
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BALTIMORE, Feb. 18, 2026 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”) today confirmed that Monument & Cathedral Holdings, LLC (collectively with its affiliates, “M&C”) has withdrawn its previously disclosed unsolicited non-binding proposal (the “Proposal”) to acquire all the outstanding securities of the Company and MarketWise, LLC that are not owned by M&C for cash consideration of $17.25 per share, contingent upon termination of the Company’s tax receivable agreement (the “Proposal”). The Proposal was previously announced by the Company on October 29, 2025.
M&C withdrew its Proposal after feedback from the Special Committee of the Company’s Board of Directors that its offer price per share undervalued the Company’s stock. The Special Committee of the Company’s Board of Directors carefully evaluated the Proposal, consistent with its fiduciary duties and in consultation with independent legal and financial advisors, with a focus on maximizing value for shareholders.
The Company remains committed to its standalone strategy of driving sustainable growth in high-margin subscription sales, enhancing operational efficiency, and returning capital to shareholders through dividends and potential share repurchases.
Recently announced preliminary unaudited results underscore the success of this strategy: fourth quarter Billings increased 42% year-over-year, and full-year 2025 Cash Flow from Operating Activities (CFFO) reached $45 million, beating guidance for both Billings and CFFO. The Company’s operational momentum and strong balance sheet also supported a strong cash dividend yield of 13% for FY 2025. 1
Management and the Board continue to prioritize executing against key strategic priorities, including product innovation, subscriber acquisition and retention, expansion of premium offerings, and prudent cash management to support long-term shareholder value creation. The Company will release fourth quarter and full-year 2025 financial results in March 2026.
About MarketWise
Founded with a mission to level the playing field for self-directed investors, today MarketWise is a leading multi-brand subscription services platform providing premium financial research, software, education, and tools for investors.
With more than 25 years of operating history, MarketWise serves a community of millions of free and paid subscribers. MarketWise’s products are a trusted source for high-value financial research, education, actionable investment ideas, and investment software. MarketWise is a 100% digital, direct-to-customer company offering its research across a variety of platforms including mobile, desktops, and tablets. MarketWise has a proven, agile, and scalable platform and our vision is to become the leading financial solutions platform for self-directed investors.
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1 Calculated using the closing price of MarketWise, Inc. Class A Common Stock on December 31, 2025. Dividends paid in 2025 totaled $1.90 consisting of Regular Dividends paid on March 31, 2025, June 25, 2025, September 25, 2025, and December 24, 2025; and Special Dividends paid to Class A shareholders on February 26, 2025, June 25, 2025, September 25, 2025, and December 24, 2025.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the financial position, business strategy, the plans and objectives of management for future operations, and the potential for future transactions. These forward-looking statements generally are identified by the words “estimate,” “believe,” “project,” “expect,” “anticipate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: our ability to attract new subscribers and to persuade existing subscribers to renew their subscription agreements with us and to purchase additional products and services from us; our ability to adequately market our products and services, and to develop additional products and product offerings; our ability to manage our growth effectively, including through acquisitions; failure to maintain and protect our reputation for trustworthiness and independence; our ability to attract, develop, and retain capable management, editors, and other key personnel; our ability to grow market share in our existing markets or any new markets we may enter; adverse or weakened conditions in the financial sector, global financial markets, and global economy; current macroeconomic events, including heightened inflation, rise in interest rates and the potential for an economic recession; failure to comply with laws and regulations or other regulatory action or investigations, including the Investment Advisers Act of 1940, as amended; our ability to respond to and adapt to changes in technology and consumer behavior; failure to successfully identify and integrate acquisitions, or dispose of assets and businesses; our public securities’ potential liquidity and trading; the impact of the regulatory environment and complexities with compliance related to such environment; our future capital needs; our ability to maintain an effective system of internal control over financial reporting, and to address and remediate existing material weaknesses in our internal control over financial reporting; and other factors beyond our control.
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our filings with the U.S. Securities and Exchange Commission (the “SEC”). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated.
Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. We do not give any assurance that we will achieve our expectations.
MarketWise Investor Relations Contact Information
Email: [email protected]
MarketWise Media Contact
Email: [email protected]