MARKETWISE, INC. (MKTW) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 126.46% of current shares
Recent Dilution: 20.08% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
2.5M
Potential Supply
3.2M
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

MKTW currently has 2.49M outstanding shares. with significant dilution risk as 3.15M authorized shares could dilute existing holders by 126.5%. The company has diluted shareholders by 20.08% over the past 2 years through share issuances. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 2.5M shares outstanding

2.5M 3.2M
Apr 24, 2026

8-K filing: Marketwise, Inc. settled with Mark P. Arnold, its former CEO, by making a $12,160,000 cash payment and redeeming 520,867 common units of MarketWise, LLC along with corresponding Class B common stock shares.

2.6M 3.2M
May 08, 2025

10-Q filing | 2.6M shares outstanding

2.6M 3.2M
Apr 02, 2025
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 45,013,797 → 2,250,689

2.3M 3.2M
Mar 06, 2025

10-K filing | 45.0M shares outstanding

45M 63M
Nov 07, 2024

10-Q filing | 44.4M shares outstanding

44M 63M
Aug 14, 2024

10-Q filing | 43.9M shares outstanding

44M 63M
May 15, 2024

10-Q filing | 39.4M shares outstanding

39M 63M
Mar 07, 2024

10-K filing | 41.7M shares outstanding

42M 63M
Nov 09, 2023

10-Q filing | 39.1M shares outstanding

39M 63M
Aug 10, 2023

10-Q filing | 37.5M shares outstanding

37M 63M
May 11, 2023

10-Q filing | 35.4M shares outstanding

35M 63M
Mar 31, 2023

10-K filing | 34.8M shares outstanding

35M 63M
Nov 03, 2022

10-Q filing | 33.9M shares outstanding

34M 63M
Sep 30, 2022

POS AM filing: MarketWise, Inc. is registering the resale of Class A common stock by selling stockholders and the issuance of Class A common stock in exchange for MarketWise Units.

34M 63M
Sep 19, 2022

8-K filing: MarketWise, Inc. issued 5,725,681 shares of Class A common stock in exchange for warrants tendered in an exchange offer and will exchange each warrant that is outstanding upon the closing of the Offer for 0.17325 shares of Class A common stock per warrant on September 30, 2022.

28M 63M
Sep 15, 2022

8-K filing: MarketWise, Inc. announced the final results of an exchange offer and consent solicitation for its outstanding warrants, with approximately 96% of the outstanding warrants tendered and the company entering into a warrant amendment to exchange remaining warrants for 0.17325 shares of Class A common stock per warrant after the offer closes.

28M 63M
Aug 08, 2022

10-Q filing | 27.9M shares outstanding

28M 63M
May 09, 2022

10-Q filing | 27.3M shares outstanding

27M 63M
Mar 10, 2022

10-K filing | 28.5M shares outstanding

29M 63M
Mar 10, 2022

POS AM filing: This is a POS AM filing for MarketWise, Inc. relating to the resale of Class A common stock and warrants, as well as the issuance of Class A common stock upon exchange of MarketWise Units and exercise of warrants.

25M 63M
Nov 12, 2021

10-Q filing | 25.0M shares outstanding

25M 400M
Aug 11, 2021

S-1 filing: This is an S-1 filing for Class A common stock and warrants to purchase Class A common stock.

41M 400M
Jul 21, 2021

POS AM filing: This POS AM filing reflects the Domestication of Ascendant Digital Acquisition Corp. to MarketWise, Inc., including the conversion of ordinary shares and warrants.

41M 63M
Jul 19, 2021

10-Q filing | 41.4M shares outstanding

41M 63M
May 24, 2021

10-Q filing | 7.2M shares outstanding

7.2M 63M
Mar 22, 2021

10-K filing | 1.8M shares outstanding

1.8M 63M
Nov 16, 2020

10-Q filing | 1.8M shares outstanding

1.8M 63M
Jul 14, 2020

S-1/A filing: Ascendant Digital Acquisition Corp. is a blank check company offering 30,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

8.6M 63M
Jul 02, 2020

S-1 filing: Ascendant Digital Acquisition Corp. is offering 30,000,000 units at $10.00 per unit in an initial public offering, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

N/A 63M
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