Summary by Futu AI
Wheeler Real Estate Investment Trust, Inc. has issued Prospectus Supplement No. 4 to their Prospectus dated July 9, 2024, announcing the potential issuance of up to 20,704,217 shares of common stock. This supplement, filed on August 12, 2024, follows the company's Current Report on Form 8-K filed on August 8, 2024. The company has also announced the election of Rebecca Musser to its Board of Directors and her appointment to the Audit Committee, effective August 8, 2024. Musser is deemed an independent director and meets the Nasdaq and SEC requirements for Audit Committee service. She will receive compensation in line with the company's policies for non-employee directors as detailed in the proxy statement filed on March 22, 2024. There are no reported material transactions between Musser and the company.