Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed
Pursuant to § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
MarketWise, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
57064P107
(CUSIP Number)
December 31, 2023
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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☐
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Rule 13d-1(b)
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☐
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Rule 13d-1(c)
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☒
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Rule 13d-1(d)
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* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or
otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes)
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CUSIP No. 57064P107
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Schedule 13G
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Page 2 of 5
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1
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NAMES OF REPORTING PERSONS
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Robert D. Lynch
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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2,866,344
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6
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SHARED VOTING POWER
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0
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7
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SOLE DISPOSITIVE POWER
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2,866,344
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8
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SHARED DISPOSITIVE POWER
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0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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2,866,344
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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7.3%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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CUSIP No. 57064P107
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Schedule 13G
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Page 3 of 5
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| ITEM 1. |
(a)
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Name of Issuer:
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MarketWise, Inc. (the “Issuer”).
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(b)
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Address of Issuer’s Principal Executive Offices:
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1125 N. Charles Street Baltimore, Maryland 21201
| ITEM 2. | (a) |
Name of Person Filing:
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This statement is filed on behalf of Robert D. Lynch (the “Reporting Person”).
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(b)
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Address or Principal Business Office:
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The business address of the Reporting Person is 9648 Maymont Drive, Vienna, VA 22182.
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(c)
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Citizenship of each Reporting Person is:
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Robert D. Lynch is a citizen of the United States.
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(d)
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Title of Class of Securities:
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Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”).
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(e)
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CUSIP Number:
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57064P107
ITEM 3.
Not applicable.
| ITEM 4. |
Ownership.
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(a-c)
The ownership information presented below represents beneficial ownership of Class A Common Stock of the Issuer as of December 31, 2023, based upon 36,384,981 shares of Class A Common Stock
outstanding as of December 31, 2023.
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Reporting Person:
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Amount
beneficially
owned:
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Percent
of class:
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Sole power to
vote or to
direct the
vote:
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Shared power
to vote or to
direct the
vote:
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Sole power to dispose or to
direct the
disposition of:
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Shared power
to dispose or
to direct the disposition of:
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Robert D. Lynch
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2,866,344
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7.3%
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2,866,344
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0
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2,866,344
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0
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Robert D. Lynch is the record holder of 2,866,344 Common Units of MarketWise, LLC, which are exchangeable for shares of Class A Common Stock on a
one-for-one basis at the option of the holder.
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CUSIP No. 57064P107
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Schedule 13G
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Page 4 of 5
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| ITEM 5. |
Ownership of Five Percent or Less of a Class.
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Not applicable.
| ITEM 6. |
Ownership of More than Five Percent on Behalf of Another Person.
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| ITEM 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
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Not applicable.
| ITEM 8. |
Identification and Classification of Members of the Group.
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Not applicable.
| ITEM 9. |
Notice of Dissolution of Group.
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Not applicable.
| ITEM 10. |
Certification.
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Not applicable.
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CUSIP No. 57064P107
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Schedule 13G
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Page 5 of 5
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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.
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Date: February 16, 2024
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Robert D. Lynch
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/s/ Robert D. Lynch
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