WisdomTree Multi Asset Issuer Public Limited Company has adjourned the meeting of holders of its WisdomTree EURO STOXX 50 3x Daily Short Securities, originally scheduled for 3 September 2026, due to lack of quorum, and reconvened it for 25 September 2026. The meeting will consider a proposal to reduce the principal amount of the affected securities from EUR 2.8 to EUR 0.28, following the price falling below 500 percent of its current principal amount on 4 August 2026. Holders who already submitted voting instructions for the original meeting must vote again, as those instructions will not carry over. The adjourned meeting will be held at the offices of Apex IFS Limited in Dublin, and full details are available on WisdomTree's website.
WisdomTree Inc.Proposal to reduce principal amount of ETP securities indicates financial distress for the product, potentially affecting WisdomTree's reputation and assets under management.
