MarketWise announces financial, legal advisors of special committee of board

On October 29, 2025, MarketWise (MKTW) received an unsolicited non-binding proposal from Monument & Cathedral to acquire all of the outstanding equity interests of the Company and Marketwise that are not owned by M&C, for cash consideration of $17.25 per share, contingent upon the termination of the Company’s tax receivable agreement. In the Q3’25 earnings report released on November 6, 2025, the Company disclosed that a Special Committee of the Board of Directors was reviewing the Proposal in consultation with its advisors. The mandate of the Special Committee is to evaluate the Proposal and any alternatives thereto that may be available to the Company. The Special Committee has retained Centerview Partners LLC as its financial advisor and Kirkland & Ellis LLP as its legal advisor. There can be no assurance that any transaction will result from the Special Committee’s evaluation, or, if so, the timing, terms and conditions of any such transaction. MarketWise does not intend to comment on or disclose further developments with respect to this matter unless and until further disclosure is appropriate or required.