On May 12, 2023, ETFS Capital announced that it was pleased to have agreed, on terms which will benefit all WisdomTree Inc stockholders, to the cancellation of the obligation of Company to make ongoing gold payments for consideration of only $135 million, which compares to the $200 million value WisdomTree placed on those obligations in its 2022 accounts. In addition, ETFS Capital seeking to bring real change to the board of directors and elect nominees who will contribute desperately needed ETF expertise, management oversight, and fresh perspective. Further, ETFS Capital urged the shareholders of the Company to vote for its 3 board nominees at the 2023 annual meeting of shareholders.