share_log

424B3: Prospectus

SEC announcement ·  May 7 20:39
Summary by Futu AI
Wheeler Real Estate Investment Trust Inc. has issued Prospectus Supplement No. 18, filed on May 7, 2024, under Rule 424(b)(3) with the SEC, updating its previous prospectus dated September 29, 2023. The supplement pertains to the potential issuance of up to 101,100,000 shares of common stock. Alongside, the company filed a Current Report on Form 8-K detailing the results of its 2024 Annual Meeting of Stockholders held on May 6, 2024. Key outcomes include the election of all director nominees, ratification of Cherry Bekaert LLP as the independent accounting firm for the fiscal year ending December 31, 2024, approval of executive compensation for fiscal year 2023, and recommendation for the frequency of future Say-on-Pay votes to occur every three years. Additionally, stockholders authorized the Board of Directors to effect a reverse stock split of the company's common stock at varying exchange ratios, with the authority to enact these splits at different intervals between May 7, 2024, and March 31, 2025.
Wheeler Real Estate Investment Trust Inc. has issued Prospectus Supplement No. 18, filed on May 7, 2024, under Rule 424(b)(3) with the SEC, updating its previous prospectus dated September 29, 2023. The supplement pertains to the potential issuance of up to 101,100,000 shares of common stock. Alongside, the company filed a Current Report on Form 8-K detailing the results of its 2024 Annual Meeting of Stockholders held on May 6, 2024. Key outcomes include the election of all director nominees, ratification of Cherry Bekaert LLP as the independent accounting firm for the fiscal year ending December 31, 2024, approval of executive compensation for fiscal year 2023, and recommendation for the frequency of future Say-on-Pay votes to occur every three years. Additionally, stockholders authorized the Board of Directors to effect a reverse stock split of the company's common stock at varying exchange ratios, with the authority to enact these splits at different intervals between May 7, 2024, and March 31, 2025.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.