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.