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MARKETWISE, INC.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Ascendant Digital Acquisition Corp (Nasdaq: ACND) completed its initial public offering in 2020, targeting the financial services and financial technology sector. Sponsored by Ascendant Digital Holdings, LLC, ACND announced a definitive business combination agreement with MarketWise, Inc. in May 2021. MarketWise operates as a multi-brand subscription platform providing financial research, investment analysis, and financial education products to retail investors. The transaction subsequently closed, and the SPAC is currently listed as completed. Researchers, investors, and analysts tracking closed SPAC transactions in the financial services space can sign up at SpacDesk for full deal data, filing history, and analytics on ACND and thousands of other SPAC transactions.

Announced
2021-05-27
Closed
2021-07-28
PIPE Raised
$100–250M
Industry
Financial Services

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
ACNDAscendant Digital Acquisition CorpClosed2021-05-272021-07-28$414.0M$150.0MAscendant