WisdomTree prices $603.75M convertible notes, exchanges $350M existing debt for cash and stock

Filed March 24, 2026 · Period ending March 23, 2026 · ~1 min read

Key Changes

• high

  Issued $603.75M in new 4.50% convertible notes due 2031 (including $78.75M overallotment), convertible at ~$21.58/share. Proceeds fund debt exchanges and general corporate purposes.

  Item 8.01 verify on EDGAR →
• high

  Exchanged $350M of existing convertible debt: $75M of 2026 notes for 6.81M shares, and $275M of 2029 notes for $302.7M cash plus 4.19M shares. Total immediate dilution: ~11M shares.

  Item 8.01 verify on EDGAR →
• medium

  Refinancing extends debt maturity from 2026-2029 to 2031 but increases interest rate from 3.25% to 4.50%. Company paid $302.7M cash premium to retire 2029 notes early.

  Item 8.01 verify on EDGAR →