{"id":758678,"date":"2023-05-15T07:06:10","date_gmt":"2023-05-15T11:06:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/"},"modified":"2023-05-15T07:06:10","modified_gmt":"2023-05-15T11:06:10","slug":"etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/","title":{"rendered":"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong><br \/>\n          <em>WisdomTree Board and Management have Failed to Execute on Massive Market Opportunity in ETFs<\/em><br \/>\n        <\/strong><br \/>\n        \n      <\/p>\n<p align=\"center\">\n        <strong><br \/>\n          <em>WisdomTree\u2019s Entrenched Board has Resorted to Desperate Smears of its Largest Stockholder<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong><br \/>\n          <em>ETFS Capital Urges WisdomTree Stockholders to Vote <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em><br \/>\n            <u>FOR<\/u><br \/>\n          <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em> All Three ETFS Capital Nominees on the <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em><br \/>\n            <u>GOLD<\/u><br \/>\n          <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em> Proxy Card Today<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">NEW YORK, May  15, 2023  (GLOBE NEWSWIRE) &#8212; ETFS Capital Limited (\u201cETFS Capital\u201d), the largest combined owner of common stock, $0.01 par value (the \u201cCommon Stock\u201d), and Series A Non-Voting Convertible Preferred Stock (the \u201cSeries A Preferred Stock\u201d) of WisdomTree, Inc. (\u201cWisdomTree\u201d or the \u201cCompany\u201d) (NYSE: WT), with ownership of approximately 10.2% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18.3% of the Company\u2019s outstanding Common Stock on an as-converted basis, commented today on the WisdomTree board of director\u2019s (the \u201cBoard\u201d) latest distraction tactics and desperate smears against its largest stockholder contained in a letter to stockholders on May 12, 2023 (the \u201cBoard Letter\u201d).<\/p>\n<p align=\"justify\">ETFS Capital will not indulge the Board in its desire for an exchange of mudslinging and personal attacks. Instead, as responsible fiduciaries of our investment in WisdomTree, we present the following <strong><u>facts<\/u><\/strong> for our fellow stockholders to consider:<\/p>\n<ol style=\"list-style-type:decimal\">\n<li style=\"margin-bottom:12pt;text-align:justify\">\n          <strong><br \/>\n            <u>$1 billion of Value Destroyed by an Entrenched Board<\/u><br \/>\n          <\/strong>: Since the sale of its European ETC business to WisdomTree in November 2017, ETFS Capital has watched the Board preside over the destruction of $1 billion of stockholder value. The Board Letter sidesteps any discussion of its documented track record of value-destructive decision-making, and its ongoing failure to execute on the massive market opportunity in ETFs. The Board was also silent on its failure to achieve the requisite operating leverage that translates record growth in AUM and net inflows into comparable gains in earnings growth and profitability. It is clear to us that the Board has no credible plan to drive value for stockholders.<\/li>\n<li style=\"margin-bottom:12pt;text-align:justify\">\n          <strong><br \/>\n            <u>ETFS Capital Played a Critical Role in Resolving the Gold Payable Obligations and Unlocking Value<\/u><br \/>\n          <\/strong>: Contrary to WisdomTree management\u2019s apparent \u2018victory-lap\u2019 in claiming credit for resolving the gold payable obligation and mischaracterizing the nature of the negotiations, the actual reason this transaction was possible was the willingness of ETFS Capital to accept a <em>substantially discounted price<\/em> to the value of the obligation on the Company\u2019s financials. ETFS Capital prioritized its role as the largest stockholder of WisdomTree and together with Graham Tuckwell put the interests of fellow WisdomTree stockholders ahead of their own separate interests and agreed to this resolution.<\/li>\n<li style=\"margin-bottom:12pt;text-align:justify\">\n          <strong><br \/>\n            <u>The Board is not Serious About Renewal or Stockholder Representation on the Board<\/u><br \/>\n          <\/strong>: The Board is led by long tenured and entrenched directors, who, in our view, have repeatedly failed to act as independent fiduciaries for stockholders. Two female directors have exited in less than a year, and Deborah Fuhr, who joined the Board in May 2022 as part of ETFS Capital\u2019s cooperation agreement with WisdomTree, was not re-nominated by the Company to stand for election at the upcoming 2023 Annual Meeting of Stockholders. In her place, the Board has nominated an individual with no ETF experience, no public board experience (except a non-operating SPAC) and a highly questionable track record in the area in which she is purported to be an expert.<\/li>\n<li style=\"margin-bottom:12pt;text-align:justify\">\n          <strong><br \/>\n            <u>The Board is Attempting to Distract Stockholders by Mischaracterizing Routine Commercial Dealings<\/u><br \/>\n          <\/strong>: The Board Letter attempts to sensationalize a routine commercial dispute that was litigated at the Royal Court of the Island of Jersey in order to smear Mr. Graham Tuckwell and distract stockholders from the Board\u2019s value destructive track record. Unlike the members of the Board, Mr. Tuckwell has always acted as a responsible custodian of the businesses that he has led, and notably, has a tremendous and unassailable track record of delivering value for his stockholders. We believe the ETFS Capital nominees, Graham Tuckwell, Bruce Aust and Tonia Pankopf, will bring much needed stockholder aligned expertise, relevant experience, and true independence to the Board.<\/li>\n<li style=\"margin-bottom:12pt;text-align:justify\">\n          <strong><br \/>\n            <u>WisdomTree\u2019s CEO\u2019s Recent Statements and Behavior Should be Troubling to All Stockholders<\/u><br \/>\n          <\/strong>: ETFS Capital encourages stockholders to listen to the Company\u2019s investor call held on May 10, 2023 to discuss the resolution of the gold payable obligation, and reflect on the seemingly unprofessional demeanor and haphazard comments made by CEO Jonathan Steinberg. On the call, even though Mr. Steinberg was not involved in the gold payable discussions, he attempts to take credit for resolving the gold payable obligation and also claims that the transaction was not related to the pending proxy contest when it clearly appeared to be, as the Company pushed brutally hard to get it done as soon as possible once their proxy statement had been cleared by the SEC. Mr.\u00a0Steinberg then appears to berate analysts on the call to change their estimates for the Company. Mr. Steinberg\u2019s comments and behavior underscore the Board\u2019s failure of its duty to provide effective supervision of management.<\/li>\n<\/ol>\n<p align=\"justify\">Fellow stockholders, WisdomTree\u2019s entrenched Board has engaged in its latest attempt to distract stockholders from their woeful track record of value destruction, their lack of operational execution or a credible plan to drive value. ETFS Capital has nominated three highly qualified individuals who will act as responsible and engaged fiduciaries for the benefit of ALL stockholders.<\/p>\n<p align=\"justify\">A copy of ETFS Capital\u2019s letter to stockholders, definitive proxy statement, and information on how to vote for ETFS Capital\u2019s three director candidates on the <strong><u>GOLD<\/u><\/strong> proxy card or <strong><u>GOLD<\/u><\/strong> voting instruction form, are available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ONcvVTmA1BL_z_qx6dU8q00VBVYheNmMZWFXVrNZ4HRS3bwgNuhiTzzED91xK0Ep2TPUCiQbQfmBHlVABhF29g==\" rel=\"nofollow noopener\" target=\"_blank\">www.WiseUpWT.com<\/a><\/p>\n<p align=\"justify\">Stockholders who have questions, require assistance in voting their <strong><u>GOLD<\/u><\/strong> universal proxy card, or need additional copies of ETFS Capital\u2019s proxy materials, are encouraged to contact Okapi Partners at (877) 629-6356 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wBrT_HdEmV_IE9FtuRk_DIcYB8-2BJxMcrzlxObNzVNWw1b63wF42-Z33s4PQLcOZeW2jHFhFg7qCKaQJNQJcVtL1BpwI9GxUB8n9XhmvK8=\" rel=\"nofollow noopener\" target=\"_blank\">info@okapipartners.com<\/a>.<\/p>\n<p>\n        <strong>About ETFS Capital Limited<\/strong>\n      <\/p>\n<p align=\"justify\">ETFS Capital is a London-based strategic investment company focused on growth opportunities across the ETF ecosystem. As part of its investment process, ETFS Capital receives and analyses many dozens of business ideas and proposals within the ETF ecosphere each year and conducts in-depth technical and commercial due diligence on the companies where it chooses to deploy capital. Thereafter it engages in a hands-on approach, as a partner to management teams and Boards bringing its unparalleled industry-specific expertise for the benefit of those companies.<\/p>\n<p>\n        <strong><br \/>\n          <u>Investor Contact:<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>\n        <u>ETFS Capital:<\/u>\n      <\/p>\n<p>Martyn James<br \/>+44 (0) 207-509-0674<\/p>\n<p>or<\/p>\n<p>+1 347 566 8291<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Liu6a_LQLuzykWFWBe7dyoQpV4Iy05dG_Dcet5zYLfwYtPkbf9M-13NtFwzGZtB2qd-SfneTQsaKJZhCbkijPzTlahJSQybqvvoOUDwKf8A=\" rel=\"nofollow noopener\" target=\"_blank\">campaign@etfscapital.com<\/a><\/p>\n<p align=\"justify\">\n        <u>Okapi Partners<\/u>:<\/p>\n<p align=\"justify\">Bruce Goldfarb \/ Chuck Garske<br \/>(212) 297-0720 or (877) 629-6356<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wBrT_HdEmV_IE9FtuRk_DIcYB8-2BJxMcrzlxObNzVM4ln7ALidh35lP7-1W-KUWecPXKZVmVZlVKp6RIJ-RH_Kev1KzWkBH2ktOh1arDXc=\" rel=\"nofollow noopener\" target=\"_blank\">info@okapipartners.com<\/a><\/p>\n<p>\n        <strong><br \/>\n          <u>Media Contact:<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Dan Gagnier \/ Riyaz Lalani<br \/>+1-646-569-5897<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7yUGWluLqRwCgG0kr45fzvh_6MZ-ntpCjLMiF6zrbMBm9pR41-PLmmJmDVymliEIdGe8V3XSyApBglVYFB2MiQ6fNtju7bbn0Z3BwqowUeI=\" rel=\"nofollow noopener\" target=\"_blank\">ETFS@gagnierfc.com<\/a>\u00a0<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YjU5MTQ5ZmItYTU2YS00NDczLWFmYTYtNjVjMjM3MjA4MGIwLTEyNTc3NDA=\/tiny\/ETFS-Capital-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WisdomTree Board and Management have Failed to Execute on Massive Market Opportunity in ETFs WisdomTree\u2019s Entrenched Board has Resorted to Desperate Smears of its Largest Stockholder ETFS Capital Urges WisdomTree Stockholders to Vote FOR All Three ETFS Capital Nominees on the GOLD Proxy Card Today NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) &#8212; ETFS Capital Limited (\u201cETFS Capital\u201d), the largest combined owner of common stock, $0.01 par value (the \u201cCommon Stock\u201d), and Series A Non-Voting Convertible Preferred Stock (the \u201cSeries A Preferred Stock\u201d) of WisdomTree, Inc. (\u201cWisdomTree\u201d or the \u201cCompany\u201d) (NYSE: WT), with ownership of approximately 10.2% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18.3% of the Company\u2019s outstanding Common Stock &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-758678","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WisdomTree Board and Management have Failed to Execute on Massive Market Opportunity in ETFs WisdomTree\u2019s Entrenched Board has Resorted to Desperate Smears of its Largest Stockholder ETFS Capital Urges WisdomTree Stockholders to Vote FOR All Three ETFS Capital Nominees on the GOLD Proxy Card Today NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) &#8212; ETFS Capital Limited (\u201cETFS Capital\u201d), the largest combined owner of common stock, $0.01 par value (the \u201cCommon Stock\u201d), and Series A Non-Voting Convertible Preferred Stock (the \u201cSeries A Preferred Stock\u201d) of WisdomTree, Inc. (\u201cWisdomTree\u201d or the \u201cCompany\u201d) (NYSE: WT), with ownership of approximately 10.2% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18.3% of the Company\u2019s outstanding Common Stock &hellip; Continue reading &quot;ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-15T11:06:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction\",\"datePublished\":\"2023-05-15T11:06:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/\"},\"wordCount\":1075,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/\",\"name\":\"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=\",\"datePublished\":\"2023-05-15T11:06:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/","og_locale":"en_US","og_type":"article","og_title":"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction - Market Newsdesk","og_description":"WisdomTree Board and Management have Failed to Execute on Massive Market Opportunity in ETFs WisdomTree\u2019s Entrenched Board has Resorted to Desperate Smears of its Largest Stockholder ETFS Capital Urges WisdomTree Stockholders to Vote FOR All Three ETFS Capital Nominees on the GOLD Proxy Card Today NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) &#8212; ETFS Capital Limited (\u201cETFS Capital\u201d), the largest combined owner of common stock, $0.01 par value (the \u201cCommon Stock\u201d), and Series A Non-Voting Convertible Preferred Stock (the \u201cSeries A Preferred Stock\u201d) of WisdomTree, Inc. (\u201cWisdomTree\u201d or the \u201cCompany\u201d) (NYSE: WT), with ownership of approximately 10.2% of the outstanding Common Stock, which together with its Series A Preferred Stock would represent approximately 18.3% of the Company\u2019s outstanding Common Stock &hellip; Continue reading \"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-15T11:06:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction","datePublished":"2023-05-15T11:06:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/"},"wordCount":1075,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/","name":"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=","datePublished":"2023-05-15T11:06:10+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzOTMyNCM1NTk1MjU2IzIyNDYxODc="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/etfs-capital-highlights-wisdomtree-boards-attempts-to-distract-stockholders-from-its-track-record-of-value-destruction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"ETFS Capital Highlights WisdomTree Board\u2019s Attempts to Distract Stockholders From Its Track Record of Value Destruction"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/758678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=758678"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/758678\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=758678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=758678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=758678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}