ETFS Capital Files 13D/A for WisdomTree, Inc.

TL;DR

ETFS Capital just updated their WisdomTree stake filing. Keep an eye on this.

AI Summary

ETFS Capital Limited, through its affiliate Graham Tuckwell, has amended its Schedule 13D filing regarding WisdomTree, Inc. The filing, dated August 9, 2024, indicates a change in beneficial ownership. ETFS Capital Limited is based in St. Helier, Channel Islands, and its business address is Ordnance House, 31 Pier Road.

Why It Matters

This filing signals a potential shift in control or significant stakeholding in WisdomTree, Inc. by ETFS Capital Limited, which could influence the company's strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.

Key Numbers

• 20240809 — Filing Date (The date the amendment to Schedule 13D was filed.)

Key Players & Entities

• ETFS Capital Limited (company) — Filer of the Schedule 13D/A
• Graham Tuckwell (person) — Affiliate of ETFS Capital Limited
• WisdomTree, Inc. (company) — Subject company of the filing
• 212-801-2080 (phone_number) — Business phone for WisdomTree, Inc.
• 44-153--482-5500 (phone_number) — Business phone for ETFS Capital Limited

FAQ

Key Financial Figures

• $0.01 — , Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of
• $144 million — ate cash consideration of approximately $144 million (the “Aggregate Purchase Price&rd
• $300 million — ssuance by the Company of approximately $300 million aggregate principal amount of a new ser

Filing Documents

• ea0211012-13da11etfs_wisdom.htm (SC 13D/A) — 47KB
• 0001213900-24-067161.txt ( ) — 49KB

Purpose of Transaction

Item 4. Purpose of Transaction. On August 5, 2024, ETFS Capital Limited (formerly ETF Securities Limited) (the “Seller”) and WisdomTree, Inc. (the “Company”) entered into a Stock Repurchase Agreement (the “Repurchase Agreement”), pursuant to which the Company agreed to repurchase from the Seller all 14,750 issued and outstanding shares of Series A Non-Voting Convertible Preferred Stock, par value $0.01 per share, of the Company (“Series A Preferred Stock”), which are convertible into 14,750,000 shares of the Company’s common stock. The shares of Series A Preferred Stock to be repurchased were originally issued to the Seller on April 11, 2018, in connection with the Company’s acquisition of the Seller’s European exchange-traded commodity, currency and short-and-leveraged business pursuant to a Share Sale Agreement, dated November 13, 2017, and a subsequent Waiver and Variation Agreement related thereto, dated April 11, 2018. As consideration for the transactions contemplated by the Repurchase Agreement (collectively, the “Stock Repurchase”), the Company has agreed to pay the Seller aggregate cash consideration of approximately $144 million (the “Aggregate Purchase Price”), such Aggregate Purchase Price to be paid at the closing of the Stock Repurchase (“Repurchase Closing”). The Aggregate Purchase Price was calculated based upon the simple average of the closing price per share of the Company’s common stock on the New York Stock Exchange on four consecutive trading days beginning with the effective date of the Repurchase Agreement and ending with the trading day immediately prior to the time of the public announcement of the offering of a new series of convertible notes. The obligations of each of the Company and the Seller to consummate the Repurchase Closing are conditioned upon the completion of each of the (i) issuance by the Company of approximately $

Contracts, Arrangements, Understanding or Relationships with respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understanding or Relationships with respect to Securities of the Issuer The information provided under Item 4 above is incorporated by reference herein. Item 7. Material to be Filed as Exhibits .

is hereby amended to

Item 7 is hereby amended to add the following exhibits: 99.1 Stock Repurchase Agreement, dated August 5, 2024, by and between WisdomTree, Inc. and ETFS Capital Limited (incorporated by reference to Exhibit 10.1 to the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 8, 2024). 99.2 Termination Agreement, dated August 5, 2024, by and between WisdomTree, Inc. and ETFS Capital Limited (incorporated by reference to Exhibit 4.1 to the Issuer’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 8, 2024). 5 CUSIP No. 97717P104

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: August 9, 2024 ETFS Capital Limited By: /s/ Graham Tuckwell Name: Graham Tuckwell Title: Chairman /s/ Graham Tuckwell Graham Tuckwell 6

View Full Filing

View this SC 13D/A filing on SEC EDGAR