DUBLIN - WisdomTree Multi Asset Issuer Public Limited Company, an Ireland-based issuer of exchange-traded products, has announced an adjournment of the meeting initially scheduled for today to consider a reduction in the principal amount of its NASDAQ 100® 3x Daily Short Securities (ISIN: IE00BLRPRJ20). The meeting has been rescheduled due to the lack of a quorum and will now take place on Tuesday, January 28, 2025.
The proposed amendment aims to adjust the principal amount of the affected securities from USD 1.218 to USD 0.1218. This change is in response to the securities' price falling below 500 percent of its current principal amount as of Friday, December 6, 2024. The adjustment is intended to maintain normal trading and operations of the securities.
Details of the proposal and the extraordinary resolution were initially provided in a notice dated December 11, 2024. The issuer has directed security holders to the original notification and a revised form of proxy for the upcoming adjourned meeting, which can be found on WisdomTree's website.
Holders of the affected securities have been advised that any voting instructions submitted for the original meeting will not be valid for the adjourned meeting. Therefore, they must arrange to vote again on the matters being considered to participate in the adjourned meeting. The issuer recommends that security holders consult with their bank, securities broker, or other intermediary to ensure participation by the specified deadlines.
The Law Debenture Trust Corporation p.l.c., serving as trustee, has not expressed an opinion on the merits of the proposal but has authorized its presentation for consideration by the security holders. Following the adjourned meeting, holders of the affected securities will be notified of the outcome.
This announcement is based on a press release statement from WisdomTree Multi Asset Issuer Public Limited Company.
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