WisdomTree, Inc. 8-K Filing
Ticker: WT · Form: 8-K · Filed: Oct 21, 2024 · CIK: 880631
| Field | Detail |
|---|---|
| Company | Wisdomtree, Inc. (WT) |
| Form Type | 8-K |
| Filed Date | Oct 21, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $119 million, $4 million, $1.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-actions, name-change
TL;DR
WisdomTree's name changed from WisdomTree Investments, Inc. in 2009.
AI Summary
On October 21, 2024, WisdomTree, Inc. filed an 8-K report. The filing indicates a change in the company's former name from WisdomTree Investments, Inc. to WisdomTree, Inc. on April 1, 2009. It also lists previous name changes from Index Development Partners Inc. in August 2002 and Financial Data Systems in November 1995.
Why It Matters
This filing primarily serves as a historical record of corporate name changes for WisdomTree, Inc., which may be relevant for understanding the company's evolution.
Risk Assessment
Risk Level: low — The filing is a routine 8-K reporting historical corporate name changes and does not indicate any new material events or risks.
Key Players & Entities
- WisdomTree, Inc. (company) — Registrant
- WisdomTree Investments, Inc. (company) — Former company name
- Index Development Partners Inc (company) — Previous former company name
- Financial Data Systems (company) — Earlier former company name
- April 1, 2009 (date) — Date of name change
- August 2002 (date) — Date of previous name change
- November 1995 (date) — Date of earliest former name change
FAQ
What is the primary purpose of this 8-K filing for WisdomTree, Inc.?
The primary purpose of this 8-K filing is to report historical corporate name changes for WisdomTree, Inc.
When did WisdomTree, Inc. change its name from WisdomTree Investments, Inc.?
WisdomTree, Inc. changed its name from WisdomTree Investments, Inc. on April 1, 2009.
What was WisdomTree, Inc. called before it was Index Development Partners Inc?
Before being known as Index Development Partners Inc, the company was named Financial Data Systems.
In which state is WisdomTree, Inc. incorporated?
WisdomTree, Inc. is incorporated in Delaware.
What is the SEC file number for WisdomTree, Inc.?
The SEC file number for WisdomTree, Inc. is 001-10932.
Filing Stats: 805 words · 3 min read · ~3 pages · Grade level 13.7 · Accepted 2024-10-21 16:17:01
Key Financial Figures
- $0.01 — e on which registered Common Stock, $0.01 par value WT The New York Stock Exc
- $119 million — ssets under management of approximately $119 million throughout their lifetime as ESG-named
- $4 million — ed, and to pay a civil money penalty of $4 million. The SEC's Order was announced publicly
- $1.0 million — er will be covered by insurance, less a $1.0 million deductible. Cautionary Statement Regar
Filing Documents
- x10182408k.htm (8-K) — 29KB
- 0001214659-24-017732.txt ( ) — 246KB
- wt-20241019.xsd (EX-101.SCH) — 4KB
- wt-20241019_def.xml (EX-101.DEF) — 29KB
- wt-20241019_lab.xml (EX-101.LAB) — 36KB
- wt-20241019_pre.xml (EX-101.PRE) — 26KB
- x10182408k_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events As previously reported, on August 5, 2024, WisdomTree Asset Management, Inc. ("WTAM"), a wholly-owned subsidiary of WisdomTree, Inc. (the "Company"), received a Wells Notice from the staff (the "Staff") of the U.S. Securities and Exchange Commission (the "SEC") advising WTAM that the Staff had made a preliminary determination to recommend that the SEC file an enforcement action against WTAM alleging violations of certain provisions of the U.S. federal securities laws relating to three exchange-traded series of WisdomTree Trust managed by WTAM that pursued ESG-focused strategies (collectively, the "Funds"). The Funds, which were launched in March 2020 and were liquidated in February 2024, collectively had monthly average cumulative assets under management of approximately $119 million throughout their lifetime as ESG-named funds. Without admitting or denying the SEC's allegations, WTAM agreed to resolve the matter by consenting to the entry of an Order by the SEC in which WTAM agreed to cease and desist from committing or causing any violations and any future violations of Sections 206(2) and 206(4) of the Investment Advisers Act of 1940, as amended, Rules 206(4)-7 and 206(4)-8 thereunder, and Section 34(b) of the Investment Company Act of 1940, as amended, and to pay a civil money penalty of $4 million. The SEC's Order was announced publicly on October 21, 2024. Excluding the penalty, the Company expects that all legal and other related expenses incurred by WTAM in connection with the matter will be covered by insurance, less a $1.0 million deductible. Cautionary Statement Regarding Forward-Looking Statements This Form 8-K includes forward-looking statements based on information currently available to management. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements typically contain, but are not limited to, the terms "an
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WisdomTree, Inc. Date: October 21, 2024 By: /s/ Marci Frankenthaler Marci Frankenthaler Chief Legal Officer