WisdomTree adjourns meeting on S&P 500 3X daily short securities

Published 17/09/2025, 12:16
WisdomTree adjourns meeting on S&P 500 3X daily short securities

DUBLIN - WisdomTree Multi Asset Issuer PLC announced Wednesday that its meeting for holders of WisdomTree S&P 500 3X Daily Short Securities has been adjourned due to lack of quorum.

The meeting, originally scheduled for September 17, 2025, will now be held on October 2, 2025, at 11:00 a.m. at the offices of Apex IFS Limited in Dublin, Ireland.

The adjourned meeting will consider a proposal to reduce the principal amount of the affected securities from $2.6 to $0.26. According to the company, this adjustment became necessary after the price of the securities fell below 500 percent of its current principal amount on July 2, 2025.

WisdomTree stated that the proposed change is designed to maintain normal trading and operations of the securities, which trade under the LSE code 3USS with ISIN IE00B8K7KM88.

The company emphasized that voting instructions submitted for the original meeting will not remain valid for the adjourned meeting. Security holders must submit new voting instructions to participate in the October 2 meeting.

Holders of the affected securities are advised to check with their banks, securities brokers, or other intermediaries regarding deadlines for submitting instructions, as these may be earlier than those specified in the company’s circular.

The Law Debenture Trust Corporation, as trustee, has expressed no opinion on the merits of the proposal but has no objection to the form in which it is presented to security holders.

This information is based on a press release statement from WisdomTree Multi Asset Issuer PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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