secwatch.observer — SEC 8-K summary
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Issuer:     WisdomTree, Inc. (WT)
CIK:        0000880631
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001214659-24-014378
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WisdomTree issues $345M 3.25% convertible notes due 2029, repurchases all Series A preferred stock
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- $345M aggregate principal of 3.25% Convertible Senior Notes due 2029 issued; net proceeds ~$337M.
- Initial conversion price ~$11.82/share (84.5934 shares per $1,000 principal); rate adjustable.
- Company repurchased all 14,750 Series A preferred shares from ETFS Capital (convertible into 14.75M common) and terminated Investor Rights Agreement.
- Certificate of Elimination filed for Series A Preferred Stock after repurchase; no shares outstanding.
- Notes are senior unsecured, rank equally with existing 2026 and 2028 convertibles; interest semiannual.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880631/000121465924014378/0001214659-24-014378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880631/000121465924014378/wt8122408k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-014378

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