WisdomTree, Inc. - WT STOCK NEWS

WisdomTree (NYSE: WT) has announced a limited duration stockholder rights plan to protect shareholders from potential takeover attempts without a control premium. The plan, similar to last year's, aims to ensure fair treatment for all stockholders and allows them to realize their investment's long-term value. It will automatically expire after the 2023 Annual Meeting unless approved by stockholders. Key features include a 10% acquisition threshold for triggering rights, a qualifying offer clause, and protections against limiting future boards' decisions. The plan includes a dividend distribution of preferred share purchase rights.

WisdomTree, Inc. (NYSE: WT) announced robust performance metrics for February 2023, highlighting net inflows exceeding $2.7 billion. The company achieved a record global AUM of over $87 billion for the month, marking the 4th consecutive month-end AUM record. Year-to-date net inflows reached nearly $4.5 billion, with a noteworthy 33% annualized organic growth rate. Key asset categories, including Commodity & Currency and Fixed Income, each attracted over $1 billion in net inflows, while International Equity products saw over $300 million in inflows.

WisdomTree has priced its offering of $130 million in convertible senior notes due 2028 to qualified institutional buyers. The initial purchaser may also buy an additional $20 million in notes. The offering is expected to generate approximately $126.4 million in net proceeds, which will primarily be used to repurchase existing 2023 convertible notes worth $115 million. The notes feature a 5.75% interest rate, convertible at an initial price of $9.54 per share, and have specific conditions for conversion prior to their maturity on August 15, 2028.

WisdomTree, Inc. (NYSE: WT) announced its intention to offer $130 million in convertible senior notes due 2028 to qualified institutional buyers. The company may allow the initial purchaser to buy an additional $20 million in notes. Proceeds will partially finance the repurchase of up to $115 million of existing 4.25% convertible senior notes due 2023, with the remainder allocated for working capital. The notes will have specific conversion options and are redeemable after August 20, 2025. Transactions related to the notes may influence WisdomTree's common stock price, which has approximately $88.1 billion in assets under management globally.

WisdomTree (NYSE: WT) reported robust financial metrics for January 2023, showcasing nearly $1.7 billion in net inflows, representing a 24% annualized organic growth. This positions the company for a tenth consecutive quarter of net inflows. The firm also achieved a record AUM exceeding $87 billion, approximately 6% higher than the previous month. Inflows into Commodity & Currency products exceeded $1.1 billion, adding momentum from $800 million in Q4. Although some equity classes experienced outflows, the overall net flows totaled $1,683 million.

WisdomTree (NYSE: WT) and Voya Investment Management (NYSE: VOYA) launched the WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) on NASDAQ. The fund aims to track the Bloomberg US Universal Enhanced Yield Index and has an expense ratio of 15 basis points. UNIY will provide investors exposure to the US dollar-denominated debt market while enhancing yield. This collaboration strengthens the long-term relationship between WisdomTree and Voya. UNIY offers potential investment opportunities by broadening sectors, exposing investors to various asset classes, and enhancing yield within specific risk parameters.

WisdomTree, a global financial innovator, reported a net loss of $28.3 million for Q4 2022, with diluted loss per share of ($0.20), significantly impacted by a $35.4 million non-cash loss linked to gold payments. Despite this, the company experienced its highest net inflows since 2015, totaling $5.3 billion. Assets under management (AUM) grew to $82.0 billion, a rise of 15.7%. Operating revenues remained stable at $73.3 million, while the gross margin slightly decreased to 76.9%. WisdomTree declared a quarterly dividend of $0.03, to be paid on March 1, 2023. Outlook remains optimistic with momentum continuing into 2023.

WisdomTree, Inc. (NYSE: WT) announced the launch of Say, a stockholder Q&A platform, ahead of its Q4 2022 earnings call scheduled for February 3, 2023. This initiative aims to enhance transparency and engagement, allowing verified stockholders to submit questions to management via Say Connect starting February 2, 2023. WisdomTree will address select inquiries during the earnings call webcast, promoting investor interaction. The company manages approximately $86.5 billion in assets globally, showcasing its position as a significant player in the financial services sector.

WisdomTree, Inc. (NYSE: WT) announced its plan to release fourth quarter results on February 3, 2023, at 7:00 a.m. ET. A conference call will follow at 11:00 a.m. ET to discuss the earnings. The company has approximately $85.9 billion in assets under management globally, indicating its significant presence in the financial sector. Investors can access earnings materials and the webcast through WisdomTree's investor relations website. This announcement underscores WisdomTree's ongoing commitment to transparency and investor engagement as it continues to innovate within the financial landscape.