Summary by Futu AI
Wheeler Real Estate Investment Trust Inc. held its 2024 Annual Meeting of Stockholders on May 6, 2024. During the meeting, all nominees for director were elected with a majority of votes for each candidate and a significant number of broker non-votes. The stockholders ratified the appointment of Cherry Bekaert LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Additionally, the executive officer compensation for fiscal year 2023 was approved on an advisory basis, and stockholders recommended that future Say-on-Pay votes occur every three years. The meeting also saw the authorization of the Board of Directors to effect a reverse stock split of the company's common stock at varying exchange ratios and timeframes throughout 2024 and into early 2025. Each proposal for the reverse stock split received a majority of votes in favor, with the specific timeframes including May 7 to May 31, 2024, June 1 to July 31, 2024, August 1 to September 30, 2024, October 1 to November 30, 2024, December 1, 2024, to January 31, 2025, and February 1 to March 31, 2025.