Showcases WisdomTree’s Financial Performance,
Successful Execution of its Strategic Plan, Commitment to
Delivering Stockholder Value, and the Current Board’s Essential Mix
of Expertise and Institutional Knowledge
WisdomTree Urges Stockholders to Repudiate ETFS
Capital’s Self-Serving Demands for a Strategic Review. There is No
Case for Change – Enough is Enough
Vote “FOR” All Nine of WisdomTree’s
Highly Qualified Director Nominees on WHITE proxy card
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today
published a comprehensive presentation for stockholders ahead of
WisdomTree’s 2024 Annual Meeting of Stockholders on June 12, 2024.
The presentation is available here on WisdomTree’s investor
relations website.
The presentation outlines the disciplined execution of
WisdomTree’s stated strategic plan to deliver record assets under
management (“AUM”), as well as the Company’s continued organic
growth and operating margin expansion – all of which are generating
significant value for stockholders.
Our Board of Directors regularly reviews and evaluates the
Company’s performance and is always open to value-maximizing
opportunities. However, ETFS Capital’s demand for an independent
strategic review appears to be motivated by a desire to liquidate
its position in the Company, which is entirely self-serving and not
in the best interests of all stockholders. WisdomTree’s stock
price is up almost 40% year-to-date due to its strong financial
results and ETFS Capital’s demands would sacrifice the Company’s
long-term growth potential.
WisdomTree’s execution and success are highlighted in its
presentation, summarized below:
- WisdomTree has demonstrated strong momentum with its current
strategy and is in a pivotal phase of execution and growth as it
continues to grow its traditional ETP business and leverage its
early-mover advantage in tokenization and blockchain-enabled
finance.
- WisdomTree is achieving new financial milestones, generating
record AUM and more than three consecutive calendar years of
positive inflows.
- WisdomTree has a top performing Total Stockholder Return (TSR)
among its U.S. publicly traded asset manager peers1 over the most
recent YTD, 1-, 2-, 3- and 4-year time periods.
- WisdomTree continues to make important investments in
tokenization and blockchain-enabled finance, and the Company is
well ahead of its peers, with a digital assets strategy that
positions WisdomTree for its next chapter of growth.
The presentation also provides an in-depth review of
WisdomTree’s refreshed and diverse Board, including the invaluable
skillsets, expertise and institutional knowledge the Company’s
longer-tenured directors bring to the successful oversight of
WisdomTree.
- WisdomTree has demonstrated that Board refreshment is its
priority. Six new independent directors have joined the Board since
2021, all with the right expertise to help WisdomTree execute its
strategy.
- WisdomTree’s Board includes two directors previously nominated
by ETFS Capital and elected by stockholders, both of whom fully
support the Company’s current strategic plan and vision and provide
ETFS Capital with the appropriate, proportionate representation of
its ownership.
- Women now constitute 67% of the Board and all committee chair
roles have been rotated, with each now held by directors elected to
the Board in the past three years. The Board also has refreshed
committee memberships, including adding its newest directors to
each committee.
- The critical institutional knowledge, skillsets and expertise
of WisdomTree’s three longer-tenured directors, combined with fresh
perspectives from its newer Board members, provide the Board with
the guidance crucial to unlocking stockholder value.
- WisdomTree’s corporate governance practices ensure that the
best expertise is provided to its management team and that
directors hold management accountable to serve in the best
interests of all stockholders.
Vote “FOR” all nine director
nominees using the WHITE proxy card,
including Anthony Bossone, Win Neuger and Jonathan Steinberg.
Send a message that enough is enough and repudiate ETFS Capital’s
self-serving campaign to disrupt WisdomTree’s positive momentum and
trajectory.
Stockholders can find out more about the proxy vote at the 2024
Annual Meeting by visiting the WisdomTree investor relations
website and navigating to the page entitled “2024 Annual Meeting”:
https://ir.wisdomtree.com/2024-annual-meeting-proxy-vote.
YOUR
VOTE IS IMPORTANT!
PLEASE VOTE THE WHITE PROXY CARD TODAY “FOR” ALL WISDOMTREE NOMINEES!
Remember, you can vote your
shares via the Internet. Please follow the easy instructions on the
enclosed WHITE proxy card.
If you have any questions or need
assistance in voting your shares on the WHITE proxy card, please contact our proxy
solicitor:
Innisfree M&A
Incorporated
Stockholders and All Others Call
Toll Free: (877) 750-5836
Banks and Brokers Call: (212)
750-5833
Advisors
BofA Securities is serving as financial advisor, and Paul
Hastings and Goodwin Procter are serving as legal counsel to
WisdomTree. Innisfree M&A is serving as proxy solicitor, and
H/Advisors Abernathy is serving as strategic communications
advisor.
About WisdomTree
WisdomTree is a global financial innovator, offering a
well-diversified suite of exchange-traded products (ETPs), models,
solutions and products leveraging blockchain technology. We empower
investors and consumers to shape their future and support financial
professionals to better serve their clients and grow their
businesses. WisdomTree is leveraging the latest financial
infrastructure to create products that provide access, transparency
and an enhanced user experience. Building on our heritage of
innovation, we are also developing and have launched
next-generation digital products, services and structures,
including digital or blockchain-enabled mutual funds and tokenized
assets, as well as our blockchain-native digital wallet, WisdomTree
Prime®.*
*The WisdomTree Prime digital wallet and digital asset services
are made available through WisdomTree Digital Movement, Inc. (NMLS
ID: 2372500) and WisdomTree Digital Trust Company, LLC, in select
U.S. jurisdictions and may be limited where prohibited by law.
WisdomTree Digital Trust Company, LLC is chartered as a limited
purpose trust company by the New York State Department of Financial
Services to engage in virtual currency business. Visit
https://www.wisdomtreeprime.com or the WisdomTree Prime mobile app
for more information.
WisdomTree currently has approximately $111.4 billion in assets
under management globally.
For more information about WisdomTree and WisdomTree Prime®,
visit: https://www.wisdomtree.com.
Please visit us on X, formerly known as Twitter, at
@WisdomTreeNews.
WisdomTree® is the marketing name for WisdomTree, Inc. and its
subsidiaries worldwide.
Cautionary Statement Regarding Forward-Looking
Statements
Any statements contained in this letter that do not describe
historical facts may constitute forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements are identified by use of the words
“anticipates,” “believes,” “estimates,” “expects,” “intends,”
“plans,” “predicts,” “projects,” “should,” “views,” and similar
expressions. Any forward-looking statements contained herein are
based on current expectations, but are subject to risks and
uncertainties that could cause actual results to differ materially
from those indicated, including, but not limited to, the impact and
contributions of the slate of director nominees WisdomTree has
nominated, and WisdomTree’s ability to achieve its financial and
business plans, goals and objectives and drive stockholder value,
including with respect to its ability to successfully implement its
strategy relating to WisdomTree Prime®, and other risk factors
discussed from time to time in WisdomTree’s filings with the SEC,
including those factors discussed under the caption “Risk Factors”
in its most recent annual report on Form 10-K, filed with the SEC
on February 23, 2024, and in subsequent reports filed with or
furnished to the SEC. WisdomTree assumes no obligation and does not
intend to update these forward-looking statements, except as
required by law, to reflect events or circumstances occurring after
today’s date.
Important Information Regarding the 2024 Annual Meeting and
Where to Find It
The Company has filed with the SEC a definitive proxy statement
on Schedule 14A (the “Proxy Statement”), containing a form of
WHITE proxy card, in connection with the solicitation of
proxies for the 2024 Annual Meeting and, beginning on April 29,
2024, mailed the Proxy Statement and other relevant documents to
its stockholders as of the April 19, 2024 record date for the 2024
Annual Meeting. This communication is not a substitute for any
proxy statement or other document that the Company has filed or may
file with the SEC in connection with any solicitation by the
Company. THE COMPANY’S STOCKHOLDERS ARE URGED TO READ THE PROXY
STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND
ACCOMPANYING WHITE PROXY CARD FILED BY THE COMPANY AND ANY OTHER
RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT
INFORMATION. The Company’s stockholders may obtain copies of these
documents and other documents filed with the SEC by the Company
free of charge through the website maintained by the SEC at
www.sec.gov. Copies of the documents filed by the Company are also
available free of charge by accessing the Company’s website at
https://ir.wisdomtree.com/.
Certain Information Regarding Participants in the
Solicitation
The Company, its directors and certain of its executive officers
and employees may be deemed to be participants in connection with
the solicitation of proxies from the Company’s stockholders in
connection with the matters to be considered at the 2024 Annual
Meeting. Information regarding the direct and indirect interests,
by security holdings or otherwise, of the Company’s directors and
executive officers in the Company is included in the Proxy
Statement under the heading “Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters”,
which was filed with the SEC on April 29, 2024 and can be found
through the SEC’s website. To the extent holdings of the Company’s
securities by such potential participants (or the identity of such
participants) have changed since the information printed in the
Proxy Statement, such information has been or will be reflected in
Statements of Change in Ownership on Forms 3 and 4 filed with the
SEC. These documents are or will be available free of charge at the
SEC’s website at www.sec.gov.
Category: Business Update
______________________________ 1 In addition to WisdomTree, U.S.
publicly traded asset manager peer group includes the following 12
companies: AB; AMG; APAM; BEN; BLK; BSIG; FHI; IVZ; JHG; TROW;
VCTR; VRTS.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240523318466/en/
Investor Relations WisdomTree, Inc. Jeremy Campbell
+1.917.267.3859 Jeremy.campbell@wisdomtree.com
Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735
jzaloom@wisdomtree.com
H/Advisors Abernathy Tom Johnson / Dana Gorman
tom.johnson@h-advisors.global / dana.gorman@h-advisors.global
WisdomTree (NYSE:WT)
過去 株価チャート
から 5 2024 まで 6 2024
WisdomTree (NYSE:WT)
過去 株価チャート
から 6 2023 まで 6 2024