secwatch.observer — SEC 8-K summary
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Issuer:     WisdomTree, Inc. (WT)
CIK:        0000880631
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001193125-23-031293
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WisdomTree prices $130M convertible notes due 2028 at 5.75%, repurchases $115M of 2023 notes
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- Priced $130M (plus $20M option) 5.75% convertible senior notes due Aug 15, 2028; conversion price $9.54/share (~60% premium to $5.96 close).
- Proceeds to repurchase $115M of existing 4.25% convertible notes due 2023; net proceeds ~$126.4M (or ~$145.9M with option).
- Notes are senior unsecured, rank equally with existing convertible notes; settlement expected Feb 14, 2023.
- Company may redeem notes after Aug 20, 2025 if stock >=130% of conversion price; holders have put rights upon change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880631/000119312523031293/0001193125-23-031293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880631/000119312523031293/d355661d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-031293

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer