secwatch / observer
8-K filed November 20, 2023, 6:59 PM ET ticker WT CIK 0000880631
other material confidence high sentiment positive materiality 0.75

WisdomTree Completes Repurchase of Non-Voting Preferred Shares from World Gold Council Subsidiary for $84.4 Million

WisdomTree, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

WisdomTree, Inc.: Certificate of Elimination filed to remove references to Series C Preferred Stock from the charter (effective 2023-11-20).

Change
charter amendment
Effective
2023-11-20
Exact text from the filing
In connection with entry into the Repurchase Agreement, on November 20, 2023, the Company filed a Certificate of Elimination to its Amended and Restated Certificate of Incorporation, as amended (the “Charter”) with the Secretary of State of the State of Delaware, eliminating from the Charter all references to the Series C Preferred Stock set forth in the Company’s Certificate of Designations with respect to its Series C Preferred Stock.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

WisdomTree, Inc. entered into Repurchase Agreement with Gold Bullion Holdings (Jersey) Limited valued at approximately $84.4 million (effective 2023-11-20).

Action
entry
Counterparty
Gold Bullion Holdings (Jersey) Limited
Value
approximately $84.4 million
Effective
2023-11-20
Exact text from the filing
On November 20, 2023, WisdomTree, Inc. (the “Company”) entered into a Stock Repurchase Agreement (the “Repurchase Agreement”) with Gold Bullion Holdings (Jersey) Limited (the “Seller”), a subsidiary of the World Gold Council, pursuant to which the Company repurchased from the Seller 13,087 shares of Series C Non-Voting Convertible Preferred Stock
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

WisdomTree, Inc. terminated Investor Rights Agreement with Gold Bullion Holdings (Jersey) Limited (effective 2023-11-20).

Action
termination
Counterparty
Gold Bullion Holdings (Jersey) Limited
Effective
2023-11-20
Exact text from the filing
the Company and the Seller also entered into a Termination Agreement on November 20, 2023, which terminated the Investor Rights Agreement by and between the Company and the Seller dated as of May 10, 2023 (the “Investor Rights Agreement”)
View on SEC.gov

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WisdomTree, Inc. filing history →

Source: SEC EDGAR
accession 0001214659-23-015375
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