share_log

8-K: Current report

SEC ·  Jul 8, 2024 20:52

Summary by Futu AI

Wheeler Real Estate Investment Trust announced no redemption requests were received for its Series D Cumulative Convertible Preferred Stock during the tenth monthly Holder Redemption Date on July 5, 2024.To date, the company has processed 182 redemption requests, redeeming 948,631 Series D Preferred shares. In settlement, approximately 560,000 common shares were issued (adjusted for recent reverse stock splits), representing an aggregate redemption value of $35.9 million. As of July 8, 2024, the company had 566,814 common shares and 2,686,916 Series D Preferred shares outstanding.The next monthly redemption opportunity is scheduled for August 5, 2024, with a submission deadline of July 25, 2024. Redemption forms and FAQs are available on the company's investor relations website.
Wheeler Real Estate Investment Trust announced no redemption requests were received for its Series D Cumulative Convertible Preferred Stock during the tenth monthly Holder Redemption Date on July 5, 2024.To date, the company has processed 182 redemption requests, redeeming 948,631 Series D Preferred shares. In settlement, approximately 560,000 common shares were issued (adjusted for recent reverse stock splits), representing an aggregate redemption value of $35.9 million. As of July 8, 2024, the company had 566,814 common shares and 2,686,916 Series D Preferred shares outstanding.The next monthly redemption opportunity is scheduled for August 5, 2024, with a submission deadline of July 25, 2024. Redemption forms and FAQs are available on the company's investor relations website.

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