WisdomTree, Inc. (NYSE: WT) announced on March 23, 2026, that it has priced an offering of $525 million aggregate principal amount of 4.50% convertible senior notes due 2031. The offering is aimed at qualified institutional buyers under Rule 144A of the Securities Act. The company has also granted the initial purchasers an option to purchase an additional $78.75 million aggregate principal amount of the notes, which has been fully exercised. The total offering is expected to settle on March 30, 2026, and is anticipated to generate approximately $591.2 million in net proceeds after deducting discounts and estimated offering expenses. WisdomTree plans to allocate approximately $200 million of the proceeds to finance its acquisition of Atlantic House Holdings Limited, while the remaining funds will be used for general corporate purposes, including the repayment of existing debt. The notes will mature on October 1, 2031, and will be convertible at an initial conversion rate of 46.3306 shares of WisdomTree's common stock per $1,000 principal amount of notes, translating to a conversion price of approximately $21.58 per share. This offering is expected to enhance WisdomTree's financial flexibility and support its strategic growth initiatives.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.