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8-K: Current report

8-K: Current report

8-K:重大事件
美股SEC公告 ·  2024/06/24 20:50

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Wheeler Real Estate Investment Trust announced a one-for-five reverse stock split effective June 27, 2024, at 5:00 p.m. Eastern Time. The common stock will begin trading on a split-adjusted basis on June 28 under a new CUSIP number (963025861). No fractional shares will be issued; stockholders will receive cash payments for fractional shares based on the closing price on June 27.The reverse split will adjust the conversion rates of the company's securities: the 7.00% subordinated convertible notes will change from 8.74 to 1.75 shares per $25.00 principal amount; Series B Preferred Stock conversion price will increase to $48,000 per share; and Series D Preferred Stock conversion price will rise to $20,352 per share.Following the split, Wheeler anticipates falling below Nasdaq's 500,000 publicly held shares requirement and must submit a compliance plan within two weeks of receiving notice. The company may also face delisting risks if it fails to maintain the $1.00 minimum bid price, as its cumulative reverse split ratio will exceed 250:1 over the past two years.
Wheeler Real Estate Investment Trust announced a one-for-five reverse stock split effective June 27, 2024, at 5:00 p.m. Eastern Time. The common stock will begin trading on a split-adjusted basis on June 28 under a new CUSIP number (963025861). No fractional shares will be issued; stockholders will receive cash payments for fractional shares based on the closing price on June 27.The reverse split will adjust the conversion rates of the company's securities: the 7.00% subordinated convertible notes will change from 8.74 to 1.75 shares per $25.00 principal amount; Series B Preferred Stock conversion price will increase to $48,000 per share; and Series D Preferred Stock conversion price will rise to $20,352 per share.Following the split, Wheeler anticipates falling below Nasdaq's 500,000 publicly held shares requirement and must submit a compliance plan within two weeks of receiving notice. The company may also face delisting risks if it fails to maintain the $1.00 minimum bid price, as its cumulative reverse split ratio will exceed 250:1 over the past two years.
Wheeler Real Estate Investment Trust Inc.宣布放弃之前计划的一股六股票拆分,选择一股五股票拆分。这个决定是在与纳斯达克的上市资格工作人员进行讨论后做出的,并于2024年6月18日获得了公司董事会的批准。股票拆分将于2024年6月27日美国东部时间下午5:00生效,在2024年6月28日的市场开盘时,普通股将以分割调整后的价格交易,使用新的CUSIP编号。公司于2024年6月21日向马里兰州评估和税务部门提交了必要的修正案。这次股票拆分将按比例调整普通股和公司可转换证券,包括2031年到期的7.00%次级可转换票据和B和D系列可转换优先股。这还将导致该公司...展开全部
Wheeler Real Estate Investment Trust Inc.宣布放弃之前计划的一股六股票拆分,选择一股五股票拆分。这个决定是在与纳斯达克的上市资格工作人员进行讨论后做出的,并于2024年6月18日获得了公司董事会的批准。股票拆分将于2024年6月27日美国东部时间下午5:00生效,在2024年6月28日的市场开盘时,普通股将以分割调整后的价格交易,使用新的CUSIP编号。公司于2024年6月21日向马里兰州评估和税务部门提交了必要的修正案。这次股票拆分将按比例调整普通股和公司可转换证券,包括2031年到期的7.00%次级可转换票据和B和D系列可转换优先股。这还将导致该公司的激励计划调整。然而,公司预计这次股票拆分将由于公开持股不足500,000股而导致不符合纳斯达克的公开持股规则。Wheeler Real Estate Investment Trust Inc.希望收到纳斯达克的通知,并将被要求提交恢复符合要求的计划。此外,如果公司股价不符合最低买盘价格规则,可能面临退市。
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