MarketWise, Inc. Reports on Shareholder Vote
Ticker: MKTW · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1805651
| Field | Detail |
|---|---|
| Company | Marketwise, Inc. (MKTW) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: mktw
TL;DR
MarketWise (mktw) had a shareholder vote on June 6th. Details to follow.
AI Summary
MarketWise, Inc. filed an 8-K on June 10, 2024, reporting on matters submitted to a vote of security holders on June 6, 2024. The company, formerly known as Ascendant Digital Acquisition Corp., is incorporated in Delaware and headquartered in Baltimore, Maryland.
Why It Matters
This filing indicates that MarketWise, Inc. held a shareholder vote, which is a key event for corporate governance and may signal upcoming strategic decisions or changes.
Risk Assessment
Risk Level: low — This is a routine filing reporting on a shareholder vote, with no immediate indication of significant financial distress or major strategic shifts.
Key Players & Entities
- MarketWise, Inc. (company) — Registrant
- Ascendant Digital Acquisition Corp. (company) — Former name of registrant
- June 6, 2024 (date) — Date of earliest event reported (shareholder vote)
- June 10, 2024 (date) — Date of report filing
- 001-39405 (other) — SEC File Number
FAQ
What specific matters were submitted to a vote of MarketWise, Inc. security holders on June 6, 2024?
The filing states that matters were submitted to a vote of security holders on June 6, 2024, but does not specify the exact proposals in this section of the report.
When was MarketWise, Inc. formerly known as Ascendant Digital Acquisition Corp.?
The company's name was changed from Ascendant Digital Acquisition Corp. on March 5, 2020.
What is MarketWise, Inc.'s principal executive office address?
The principal executive offices are located at 1125 N. Charles St., Baltimore, Maryland 21201.
What is the SEC file number for MarketWise, Inc.?
The SEC file number for MarketWise, Inc. is 001-39405.
What is the SIC code for MarketWise, Inc.?
The Standard Industrial Classification (SIC) code for MarketWise, Inc. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 550 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-06-10 17:12:38
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share MKTW The Nasdaq Sto
Filing Documents
- mktw-20240606.htm (8-K) — 33KB
- 0001628280-24-027559.txt ( ) — 190KB
- mktw-20240606.xsd (EX-101.SCH) — 2KB
- mktw-20240606_def.xml (EX-101.DEF) — 15KB
- mktw-20240606_lab.xml (EX-101.LAB) — 26KB
- mktw-20240606_pre.xml (EX-101.PRE) — 16KB
- mktw-20240606_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On June 6, 2024, MarketWise, Inc. (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's stockholders voted on the two proposals set forth below. A more detailed description of each proposal is set forth in the Company's Proxy Statement filed with the Securities and Exchange Commission on April 26, 2024. The final voting results for each of the proposals submitted to a vote of the stockholders are set forth below. Proposal 1 - Election of Directors F. Porter Stansberry, Michael Palmer, Glenn Tongue and Matthew Smith were each elected to serve as Class III directors until the 2027 Annual Meeting of Stockholders and until their respective successors shall have been duly elected and qualified, by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes F. Porter Stansberry 254,494,017 17,184,386 14,840,528 Michael Palmer 256,448,747 15,229,656 14,840,528 Glenn Tongue 268,038,834 3,639,569 14,840,528 Matthew Smith 253,553,504 18,124,899 14,840,528 Proposal 2 - Ratification of the Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024, by the following votes: Votes For Votes Against Votes Abstained 285,374,594 507,270 637,067 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MarketWise, Inc. Date: June 10, 2024 By: /s/ Scott Forney Name: Scott Forney Title: General Counsel