Summary by Futu AI
On May 9, 2024, Funicular Funds, LP, Cable Car Capital LLC, and Jacob Ma-Weaver filed an amended Schedule 13G with the United States Securities and Exchange Commission, indicating a change in their ownership of Wheeler Real Estate Investment Trust Inc.'s Series D Cumulative Convertible Preferred Stock. Each entity reported beneficial ownership of 100,000 shares, representing 3.90% of the class, with sole voting and dispositive power over the shares. The filing, which was certified by Jacob Ma-Weaver, Managing Member of the General Partner of Funicular Funds, LP and Cable Car Capital LLC, stated that the shares were not acquired for the purpose of changing or influencing the control of the issuer. The information was based on the number of shares outstanding as reported by Wheeler Real Estate Investment Trust Inc. on a Form 8-K filed on May 6, 2024.