Summary by Futu AI
On August 5, 2024, Funicular Funds, LP, Cable Car Capital LLC, and Jacob Ma-Weaver filed a Schedule 13G with the United States Securities and Exchange Commission, indicating a significant ownership stake in Wheeler Real Estate Investment Trust, Inc. The filing revealed that each party beneficially owns 60,585 shares of Wheeler Real Estate Investment Trust's common stock, which represents 4.95% of the company's total outstanding shares. The shares are reported to have sole voting and dispositive power, with no shared power in either regard. The filing was made under Rule 13d-1(c) of the Securities Exchange Act of 1934, and the information provided is based on the number of shares outstanding as reported by Wheeler Real Estate Investment Trust on Form 8-K filed on August 6, 2024. Jacob Ma-Weaver, as the Managing Member of Cable Car Capital LLC and the General Partner of Funicular Funds, LP, may be deemed the beneficial owner of the shares held by Funicular Funds, LP.