WT · WisdomTree, Inc.

WisdomTree, Inc. completed the issuance of $603.75 million in aggregate principal amount of 4.50% Convertible Senior Notes due 2031. The offering included $78.75 million in principal amount resulting from the full exercise by Initial Purchasers of their option to purchase additional notes. The transaction was conducted as a private placement under Rule 144A, with Oppenheimer & Co. Inc. acting as representative of the Initial Purchasers. The Notes rank equal in right of payment to the Company's existing convertible senior notes due 2026, 2029, and 2030. Interest is payable semiannually on April 1 and October 1, commencing October 1, 2026. The Notes feature an initial conversion rate of 46.3306 shares per $1,000 principal amount, equivalent to an initial conversion price of approximately $21.58 per share. Holders may convert their Notes under specified conditions prior to July 1, 2031, and at any time thereafter until the second scheduled trading day preceding maturity. The Company has the option to settle conversion obligations in cash, shares, or a combination. The Company may redeem the Notes on or after April 6, 2028, subject to a 130% stock price condition, and holders may require repurchase upon a fundamental change.