Summary by Futu AI
Wheeler Real Estate Investment Trust Inc. has announced that the interest due on June 30, 2024, for its 7.00% Subordinated Convertible Notes, which are set to mature in 2031, will be paid in the form of Series D Cumulative Convertible Preferred Stock. This decision was made on May 16, 2024, and applies to note holders who are on record by the close of business on June 1, 2024. The announcement was made in a Form 8-K filing with the United States Securities and Exchange Commission.