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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dr_of_Microcaps who wrote (3028)5/9/2013 1:54:17 AM
From: bruwin  Respond to of 4720
 
Yes, I see there was an SEC Filing on 15 Nov. 2012 regarding the share sale which ties in with that price spike. I did note, at the time, that their Common Shares Outstanding didn't really change, which is confirmed by the filing. Just goes to show I should always check those filings. I quite often forget ....

''On November 14, 2012, we and certain of our existing stockholders entered into an underwriting agreement (the “Underwriting Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters named therein (the “Underwriters”), relating to the sale by certain existing stockholders of 26,000,000 shares of our common stock, par value $0.01 per share. The price to the public in this offering was $6.10 per share. The Underwriters have a 30-day option to purchase up to an additional 3,868,185 shares from certain of the selling stockholders. WisdomTree will not receive any proceeds from this offering, and is not issuing any new shares; therefore, its total number of shares outstanding will not change as a result of the offering.''