Summary by Futu AI
On October 31, 2024, Ursa Fund Partners LP and Investment Opportunities 14 Segregated Portfolio acquired a total of 315,000 shares of Wheeler Real Estate Investment Trust's Series D Cumulative Preferred Stock. Ursa Fund Partners LP acquired 155,000 shares, while Investment Opportunities 14 Segregated Portfolio acquired 160,000 shares.Andrew Hahn and Russell Douglas, Managing Members of Ursa Fund Management LLC, possess the power to vote and dispose of these shares as the Investment Manager to the Funds. Both individuals disclaim beneficial ownership of the shares held by the Funds.This acquisition positions Ursa Fund Management as a 10% owner of Wheeler Real Estate Investment Trust, reflecting a strategic investment in the company's preferred stock.