Core Viewpoint - The issuer, WisdomTree Multi Asset Issuer Public Limited Company, is proposing a reduction in the principal amount of the WisdomTree S&P 500 3X Daily Short Securities from USD 2.60 to USD 0.26 due to a significant decline in the price of the affected securities [3]. Group 1: Meeting Details - A meeting for holders of the affected securities is scheduled for July 30, 2025, at 11 a.m. local time in Dublin, Ireland [2]. - The meeting aims to discuss amendments necessary for the proposed reduction in the principal amount of the affected securities [3]. Group 2: Principal Amount Reduction - The reduction in principal amount is triggered by the price of the affected securities falling below 500% of its current principal amount on June 30, 2025 [3]. - If the vote to approve the reduction does not pass and the price subsequently falls below 200% of the principal amount within 60 days from the threshold event date, a compulsory redemption event will occur [4]. Group 3: Impact on Securities Holders - The proposed reduction will not affect the price of the affected securities, as the price is determined by the underlying index rather than the principal amount [5]. - The reduction does not dilute or reduce the value of an affected securities holder's holdings, nor does it negatively impact their ability to trade the affected securities [7]. - Affected securities holders are advised to check with their intermediaries regarding participation in the meeting and any related deadlines [8][9].
WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY (a public company incorporated with limited liability in Ireland) WISDOMTREE S&P 500 3X DAILY SHORT SECURITIES ISIN: IE00B8K7KM88
Globenewswire·2025-07-07 11:22