Wall Street closes at a record for the first time since end of January
DUBLIN - WisdomTree Multi Asset Issuer Public Limited Company announced Tuesday that it has adjourned a meeting of securityholders originally scheduled for February 3, 2026, due to lack of quorum. The meeting was intended to vote on reducing the principal amount of its S&P 500 VIX Short-Term Futures 2.25x Daily Leveraged Securities.
The adjourned meeting will now take place on February 24, 2026, at the offices of Apex IFS Limited in Dublin, Ireland.
The proposed amendment would reduce the principal amount of the affected securities from $0.481 to $0.0481. According to the company’s statement, this action follows the price of the securities falling below 500 percent of its current principal amount on January 2, 2026.
WisdomTree indicated the reduction is designed to maintain normal trading and operations of the securities, which trade on the London Stock Exchange under the code VIXL.
Holders of the affected securities should note that any voting instructions previously submitted for the original meeting will not remain valid for the adjourned meeting. New voting arrangements must be made to participate in the February 24 meeting.
The company advised securityholders to check with their banks, securities brokers or other intermediaries regarding deadlines for submitting instructions, as these will be earlier than those specified in the circular.
The Law Debenture Trust Corporation p.l.c., 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 securityholders.
The information in this article is based on a press release statement from WisdomTree Multi Asset Issuer PLC.
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