WisdomTree Announces Pricing of Secondary Offering $6.10 for Existing Stockholders
WisdomTree Investments, Inc. (Nasdaq: WETF), an exchange-traded fund sponsor and asset manager, today announced the pricing of an underwritten public offering of 26,000,000 shares by certain of its stockholders at $6.10 per share, before underwriting discounts and commissions.
The underwriters have a 30-day option to purchase up to an additional 3,868,185 shares of common stock from certain of the selling stockholders. WisdomTree will not receive any proceeds from the offering, and is not issuing any new shares; therefore, its total number of shares outstanding will not change as a result of the offering.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.