WisdomTree prices $603.75M 4.50% convertible notes, exchanges $350M existing notes

WisdomTree, Inc.

Priced $603.75M (incl. full greenshoe) of 4.50% convertible senior notes due 2031; net proceeds ~$591.2M.
Exchanged $75M of 3.25% 2026 notes for ~6.81M shares + $0.7M cash, and $275M of 2029 notes for ~$302.7M cash + ~4.19M shares.
Estimated $105M one-time loss on extinguishment from the exchanges.
Proceeds: ~$200M for Atlantic House acquisition, ~$302.7M for 2029 note cash consideration, remainder for general corporate purposes.
Conversion premium ~60% over $13.49 stock price (conversion price ~$21.58 per share).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.