Company’s Successful Strategy Evidenced by
Solid Core Business Performance and Continued Positive Momentum
Board is Working Effectively and is Balanced
with New Perspectives and Longer-term Insights
ISS and Glass Lewis Affirm There is No Case for
Change
The Board of Directors of WisdomTree, Inc. (NYSE: WT), a global
financial innovator, urges its stockholders to vote
“FOR” all of WisdomTree’s
proposals, including “FOR” all
nine highly qualified members of WisdomTree’s Board of Directors,
on the WHITE proxy card at the
upcoming 2024 Annual Meeting of Stockholders (“2024 Annual
Meeting”) on June 12, 2024.
Win Neuger, Chair of the WisdomTree Board of Directors, said,
“In the months leading up to this year’s Annual Meeting, we have
detailed WisdomTree’s proven ability to drive long-term stockholder
value and growth, as well as the significant Board refreshment the
Company has undertaken over the past three years to include new
voices and diverse perspectives. Critical to our momentum and
continued execution is the right balance of director tenure and
deep institutional knowledge, which we have with our current Board
composition. We thank our stockholders for your ongoing support of
our business and strategy to create sustained success and value,
and we are committed to acting in your best interests as we
continue to evolve. Your vote is
important, and our Board, as well as the leading proxy advisory
firms, Institutional Shareholder Services (“ISS”) and Glass Lewis,
unanimously recommends that you vote for all nine
directors.”
Under the leadership of its management team and current
directors, including its three longer-tenured directors, WisdomTree
has made significant progress and demonstrated that its current
strategy is working:
- Over the past year, WisdomTree’s financial results have
indicated that its strategy is generating strong stockholder
value, which is evident with the stock price being up more than
40% since the 2023 annual meeting of stockholders. As part of this
effort, WisdomTree is realizing potential in the early days
across its digital assets and blockchain-enabled portfolio,
including with the launch of WisdomTree Prime®.
- The Board is deeply committed to corporate governance best
practices and in the past three years has added six new
directors and rotated all committee chair positions. Two
current directors, who were nominated by dissident stockholder ETFS
Capital, fully support WisdomTree’s strategic plan and
direction.
- WisdomTree’s three longer-standing directors – Anthony
Bossone, Win Neuger and Jonathan Steinberg – bring the stability,
strategic vision and institutional knowledge critical to
overseeing the Company’s strategy and advancing the best interests
of all stockholders. Further, none of WisdomTree’s U.S.
publicly-traded asset manager peers1 has a board of directors in
which the longest tenured board member has served less than six
years – demonstrating the recognized importance of institutional
knowledge as an attribute of an effective board.
Both ISS and Glass Lewis have issued independent assessments and
concluded that there is no case for change at WisdomTree,
noting that stockholders should vote for all of WisdomTree’s
director nominees2:
- ISS wrote in its report, “Critically, the two directors placed
on the board by the dissident have expressed full confidence in the
current direction of the company. As there is
no case for incremental change at this juncture,
shareholders are recommended to vote FOR all management
nominees.”
- Glass Lewis wrote in its report, “we maintain our belief that
the stated vision of the Company’s board and
management team is more compelling than that of the
Dissident” and “the board has made meaningful strides to empower its newer directors
while still maintaining the institutional
knowledge offered by the longer-tenured directors.”
Any changes to WisdomTree’s Board would significantly disrupt
the Company’s positive momentum and growth trajectory. WisdomTree
urges stockholders to ensure the Company can continue its strong
momentum and reject ETFS Capital’s misguided campaign by voting
“FOR” all nine director nominees,
including Anthony Bossone, Win Neuger and Jonathan Steinberg, using
the WHITE proxy card.
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.
THIS IS
YOUR LAST CHANCE TO 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 $108.5 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.
Disclaimer
WisdomTree has neither sought nor obtained the consent from any
third party to use any statements or information contained in this
press release that have been obtained or derived from statements
made or published by such third parties. Any such statements or
information should not be viewed as indicating the support of such
third parties for the views expressed herein.
Category: Business Update
1 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.
2 Permission to use ISS or Glass Lewis quotations was neither
sought nor obtained. Emphasis added.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240606849702/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