Wheeler Real Estate Investment Trust announced on June 18, 2024, that its Board of Directors has approved a change to its previously announced reverse stock split ratio. Following discussions with Nasdaq's listing qualifications staff, the company will modify the ratio from one-for-six to one-for-five.The company has abandoned its originally planned one-for-six reverse stock split, which was scheduled to take effect on June 18, 2024. The timing for the implementation of the new one-for-five reverse stock split will be announced after further discussions with Nasdaq's operations department.

Wheeler Real Estate Investment Trust announced on June 18, 2024, that its Board of Directors has approved a change to its previously announced reverse stock split ratio. Following discussions with Nasdaq's listing qualifications staff, the company will modify the ratio from one-for-six to one-for-five.The company has abandoned its originally planned one-for-six reverse stock split, which was scheduled to take effect on June 18, 2024. The timing for the implementation of the new one-for-five reverse stock split will be announced after further discussions with Nasdaq's operations department.