share_log

8-K: Current report

SEC ·  Nov 21, 2024 05:03

Summary by Futu AI

Wheeler Real Estate Investment Trust Inc., a Maryland-incorporated company listed on the Nasdaq Capital Market under the trading symbols WHLR, WHLRP, WHLRD, and WHLRL, has announced a significant update regarding its financial instruments. In a current report filed with the SEC on November 20, 2024, the company disclosed that the interest due on December 31, 2024, for its 7.00% Subordinated Convertible Notes maturing in 2031 will be paid in the form of Series D Cumulative Convertible Preferred Stock. This decision applies to note holders on record as of 5:00 p.m., New York City time, on December 1, 2024. The report was officially signed by M. Andrew Franklin, the CEO and President of Wheeler Real Estate Investment Trust Inc.
Wheeler Real Estate Investment Trust Inc., a Maryland-incorporated company listed on the Nasdaq Capital Market under the trading symbols WHLR, WHLRP, WHLRD, and WHLRL, has announced a significant update regarding its financial instruments. In a current report filed with the SEC on November 20, 2024, the company disclosed that the interest due on December 31, 2024, for its 7.00% Subordinated Convertible Notes maturing in 2031 will be paid in the form of Series D Cumulative Convertible Preferred Stock. This decision applies to note holders on record as of 5:00 p.m., New York City time, on December 1, 2024. The report was officially signed by M. Andrew Franklin, the CEO and President of Wheeler Real Estate Investment Trust Inc.

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