Greenhaven Road Investment Management, L.P. - Sep 19, 2022 Form 4 Insider Report for MARKETWISE, INC. (MKTW)

Role
10%+ Owner
Signature
/s/ Scott Miller, for himself and as the Managing Member of the General Partner (for itself and on behalf of Fund 1, Fund 2 and the Investment Manager) and the SOF General Partner (for itself and on behalf of SOF)
Stock symbol
MKTW
Transactions as of
Sep 19, 2022
Transactions value $
$0
Form type
4
Date filed
9/20/2022, 06:57 PM
Previous filing
Aug 30, 2021
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKTW Class A Common Stock Purchase +786K +73.76% 1.85M Sep 19, 2022 By: Greenhaven Road Capital Fund 1, L.P. F1, F4
transaction MKTW Class A Common Stock Purchase +1.07M +74.59% 2.5M Sep 19, 2022 By: Greenhaven Road Capital Fund 2, L.P. F2, F5
transaction MKTW Class A Common Stock Purchase +195K 195K Sep 19, 2022 By: Greenhaven Road Special Opportunities Fund LP F3, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MKTW Warrant (right to buy) Sale -4.08M -100% 0 Sep 19, 2022 Class A Common Stock 4.08M $11.50 By: Greenhaven Road Capital Fund 1, L.P. F1, F4
transaction MKTW Warrant (right to buy) Sale -5.56M -100% 0 Sep 19, 2022 Class A Common Stock 5.56M $11.50 By: Greenhaven Road Capital Fund 2, L.P. F2, F5
transaction MKTW Warrant (right to buy) Sale -1.01M -100% 0 Sep 19, 2022 Class A Common Stock 1.01M $11.50 By: Greenhaven Road Special Opportunities Fund LP F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Greenhaven Road Capital Fund 1, L.P. ("Fund 1") is a private investment vehicle. Fund 1 directly owns these securities reported herein. Greenhaven Road Investment Management, LP (the "Investment Manager") is the investment manager of Fund 1. MVM Funds, LLC (the "General Partner") is the general partner of Fund 1 and the Investment Manager. Scott Miller is the controlling person of the General Partner. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any.
F2 Greenhaven Road Capital Fund 2, L.P. ("Fund 2") is a private investment vehicle. Fund 2 directly owns these securities reported herein. The Investment Manager is the investment manager of Fund 2. The General Partner is also the general partner of Fund 2. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any.
F3 Greenhaven Road Special Opportunities Fund LP ("SOF") is a private investment vehicle. SOF directly owns these securities reported herein. The Investment Manager is the investment manager of SOF. Greenhaven Road Special Opportunities Fund GP LLC (the "SOF General Partner") is the general partner of SOF. Scott Miller is the controlling person of the SOF General Partner. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any.
F4 Fund 1 disposed of Warrants to purchase 4,081,833 shares of Class A Common Stock in exchange for 785,752 shares of Class A Common Stock in an issuer exchange offer.
F5 Fund 2 disposed of Warrants to purchase 5,558,921 shares of Class A Common Stock in exchange for 1,070,092 shares of Class A Common Stock in an issuer exchange offer.
F6 SOF disposed of Warrants to purchase 1,010,445 shares of Class A Common Stock in exchange for 194,510 shares of Class A Common Stock in an issuer exchange offer.