Summary by Futu AI
Wheeler Real Estate Investment Trust completed its 14th monthly Series D Preferred Stock redemption on November 5, 2024, processing 15 redemption requests for 74,740 shares at $39.70 per share. The company settled the redemption through issuing 303,366 common shares, with a 10-day volume-weighted average price of $9.78 per share.Cumulatively, the company has processed 244 redemption requests, redeeming 1,256,338 Series D Preferred shares and issuing approximately 1,169,000 common shares. As of November 6, 2024, Wheeler had 1,294,310 common shares and 2,357,209 Series D Preferred shares outstanding.The next monthly redemption round is scheduled for December 5, 2024, with a submission deadline of November 25, 2024. Redemption forms and FAQs are available on the company's investor relations website.