F. Porter Stansberry Joins MarketWise Board of Directors
September 08 2023 - 3:30PM
MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a
leading multi-brand digital subscription services platform that
provides premium financial research, software, education, and tools
for self-directed investors, today announced it entered into an
agreement (the “Agreement”) with F. Porter Stansberry.
Frank Porter Stansberry, age 50, is the founder
of MarketWise. Mr. Stansberry previously served as Chairman of the
Board until December 2020 and rejoined the Board in September 2023.
In April 2022, he founded Porter & Company, an investment
advisory boutique. In addition to his 25+ year career as a
financial analyst and publisher, Porter is also the founder of
OneBlade, Inc., a men's luxury shaving brand. Porter holds a
Bachelor of Arts degree in political science and government from
the University of Florida.
“Porter founded this business. His passion and
creativity fueled it for decades,” said Amber Mason, Chief
Executive Officer of MarketWise. “I’m thrilled we’ve found a way to
work together and tap into that passion and creativity again.”
Mr. Stansberry added, “I want to thank the
entire Board of Directors who unanimously support my joining the
Board. I have deep respect for Amber and am eager to work with her
and the team to improve the Company’s results.”
Mr. Stansberry’s appointment to the MarketWise
Board was pursuant to the Agreement. The full Agreement will be
filed on a Form 8-K with the U.S. Securities and Exchange
Commission at www.SEC.gov.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws, including statements
regarding the Company’s future performance. These forward-looking
statements generally are identified by the words “believe,”
“project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions, but the absence of these words does not
mean that a statement is not forward-looking. Forward-looking
statements are predictions, projections, and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this press
release, including those described in the “Risk Factors” section of
our filings with the U.S. Securities and Exchange Commission (the
“SEC”), including our Annual Report on Form 10-K for the year ended
December 31, 2022.
About MarketWise
Founded with a mission to level the playing
field for self-directed investors, today MarketWise is a leading
multi-brand subscription services platform providing premium
financial research, software, education, and tools for
investors.
With more than 20 years of operating history,
MarketWise serves a community of millions of Free and Paid
Subscribers. MarketWise’s products are a trusted source for
high-value financial research, education, actionable investment
ideas, and investment software. MarketWise is a 100% digital,
direct-to-customer company and has a proven, agile, and scalable
platform. Our vision is to become the leading financial solutions
platform for self-directed investors.
MarketWise Investor Relations
Contact
Jonathan Shanfield - MarketWise Investor
RelationsJamie Lillis - Solebury Strategic Communications
(800) 290-4113Email: ir@marketwise.com
MarketWise Media Contact
Email: media@marketwise.com
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