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8-K/A: Current report (Amendment)

SEC announcement ·  Jun 19 02:58
Summary by Futu AI
Wheeler Real Estate Investment Trust Inc. has announced an amendment to its previously filed Form 8-K. The amendment, filed on June 13, 2024, pertains to a change in the company's reverse stock split ratio. Initially, the company had reported a one-for-six reverse stock split of its common stock, to be effective on June 18, 2024. However, following discussions with NASDAQ's listing qualifications staff, the Board of Directors approved a revised ratio of one-for-five for the reverse stock split. The company has decided to abandon the original one-for-six reverse stock split plan and will announce the new effective date of the one-for-five reverse stock split after further discussions with NASDAQ. The forward-looking statements included in the report are subject to various risks and uncertainties that could affect the company's future performance and the trading price of its common stock.
Wheeler Real Estate Investment Trust Inc. has announced an amendment to its previously filed Form 8-K. The amendment, filed on June 13, 2024, pertains to a change in the company's reverse stock split ratio. Initially, the company had reported a one-for-six reverse stock split of its common stock, to be effective on June 18, 2024. However, following discussions with NASDAQ's listing qualifications staff, the Board of Directors approved a revised ratio of one-for-five for the reverse stock split. The company has decided to abandon the original one-for-six reverse stock split plan and will announce the new effective date of the one-for-five reverse stock split after further discussions with NASDAQ. The forward-looking statements included in the report are subject to various risks and uncertainties that could affect the company's future performance and the trading price of its common stock.

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