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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

Moomoo AI 已提取核心訊息

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宣佈放棄原先計劃的1股換6股股票的股票逆向拆分,改爲1股換5股股票的股票逆向拆分。該決定是在與納斯達克上市資格工作人員的討論後做出的,並於2024年6月18日獲得了公司董事會的批准。這種1股換5股的股票逆向拆分將於2024年6月27日美國東部時間下午5點生效,並將從2024年6月28日開盤時的調整後交易開始,使用一個新的CUSIP編號。該公司在2024年6月21日向馬里蘭州評估和稅務部門提交了必要的修正案。這次股票逆向拆分將成比例地調整普通股的流通股以及公司的可轉換證券,包括到2031年到期的7.00%次級可轉換債券和B和...展開全部
Wheeler Real Estate Investment Trust宣佈放棄原先計劃的1股換6股股票的股票逆向拆分,改爲1股換5股股票的股票逆向拆分。該決定是在與納斯達克上市資格工作人員的討論後做出的,並於2024年6月18日獲得了公司董事會的批准。這種1股換5股的股票逆向拆分將於2024年6月27日美國東部時間下午5點生效,並將從2024年6月28日開盤時的調整後交易開始,使用一個新的CUSIP編號。該公司在2024年6月21日向馬里蘭州評估和稅務部門提交了必要的修正案。這次股票逆向拆分將成比例地調整普通股的流通股以及公司的可轉換證券,包括到2031年到期的7.00%次級可轉換債券和B和D系列可轉換優先股。這還將導致公司激勵計劃的調整。然而,該公司預計這次股票逆向拆分將導致不符合納斯達克的公開股份規定,因爲公開流通股數量少於500,000股。 Wheeler Real Estate Investment Trust Inc.預計將收到來自納斯達克的通知,並將被要求提交恢復符合規定的計劃。此外,如果公司的股價不符合最低買盤價規定,它可能會面臨退市。
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