MarketWise is reviewing a cash acquisition proposal from Monument & Cathedral Holdings for all outstanding equity interests.
Quiver AI Summary
MarketWise, Inc. has announced that it received a proposal from Monument & Cathedral Holdings, LLC to acquire all outstanding equity interests in MarketWise for $17.25 per share, contingent on the termination of MarketWise's tax receivable agreement. The Board of Directors is currently reviewing the proposal with advisors, and it's uncertain whether it will result in a transaction. MarketWise will not provide updates on the proposal unless a definitive agreement is reached or required by law. The press release also includes cautionary forward-looking statements regarding the company’s financial outlook and potential risks that could affect its operations and stock performance.
Potential Positives
- MarketWise has received a proposal for acquisition at a cash consideration of $17.25 per share, indicating that there is investor interest and potentially a market valuation that exceeds the current share price.
- The Board of Directors is actively reviewing the acquisition proposal in consultation with advisors, which suggests a proactive approach to maximizing shareholder value.
- The press release may generate positive market attention and visibility for MarketWise, reflecting investor confidence in the company's future prospects.
Potential Negatives
- The proposal for acquisition may indicate underlying issues within MarketWise that have forced it to seek outside buyers, raising concerns about its current financial health and strategic direction.
- The contingent nature of the proposal, dependent on the termination of the tax receivable agreement, highlights potential complexities and liabilities that could hinder the transaction.
- MarketWise's acknowledgment of numerous risks and uncertainties in the release suggests potential vulnerabilities that could affect investor confidence and market perception.
FAQ
What is the Proposal from Monument & Cathedral Holdings, LLC?
The Proposal offers to acquire all outstanding equity interests of MarketWise for $17.25 per share, pending tax agreement termination.
Is the Board of Directors reviewing the Proposal?
Yes, MarketWise's Board of Directors is reviewing the Proposal in consultation with their advisors.
Will MarketWise update the public on the Proposal?
MarketWise does not intend to update disclosures regarding the Proposal unless a definitive agreement is reached.
What are forward-looking statements in this press release?
Forward-looking statements include predictions about future events based on current expectations and assumptions, which may involve risks.
How can investors contact MarketWise?
Investors can reach MarketWise Investor Relations via email at [email protected].
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 Insider Trading Activity
$MKTW insiders have traded $MKTW stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MKTW stock by insiders over the last 6 months:
- ERIK MICKELS (Chief Financial Officer) purchased 940 shares for an estimated $16,863
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MKTW Hedge Fund Activity
We have seen 0 institutional investors add shares of $MKTW stock to their portfolio, and 28 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FORMIDABLE ASSET MANAGEMENT, LLC removed 191,559 shares (-92.7%) from their portfolio in Q3 2025, for an estimated $3,166,470
- BLACKROCK, INC. removed 134,489 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $2,661,537
- VANGUARD GROUP INC removed 72,435 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,433,488
- GEODE CAPITAL MANAGEMENT, LLC removed 46,216 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $914,614
- STATE STREET CORP removed 26,568 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $525,780
- ROYCE & ASSOCIATES LP removed 25,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $494,750
- RENAISSANCE TECHNOLOGIES LLC removed 17,840 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $353,053
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BALTIMORE, Oct. 29, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that it has received a proposal (the "Proposal") from Monument & Cathedral Holdings, LLC (collectively with its affiliates, “M&C”) to acquire all of the outstanding equity interests of each of MarketWise, Inc. and Marketwise, LLC that are not owned directly or indirectly by M&C, for cash consideration of $17.25 per share, which is contingent upon the termination of Marketwise, Inc.’s tax receivable agreement. The Company’s Board of Directors is reviewing this Proposal in consultation with its advisors. This Proposal may or may not lead to a transaction, and the Company does not intend to update disclosures regarding the Proposal unless a definitive agreement has been reached or disclosure is otherwise required under applicable U.S. securities laws. The summary of the Proposal is qualified in its entirety by reference to the full text of the Proposal, a copy of which was filed as Exhibit 99.2 to the Company’s Form 8-K filed on October 30, 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 Advisers Act; 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
Email:
[email protected]
MarketWise Media Contact
Email:
[email protected]