Summary by Moomoo AI
Wheeler Real Estate Investment Trust, Inc. has issued Prospectus Supplement No. 17, filed on May 7, 2024, in relation to the potential issuance of up to 101,100,000 shares of common stock. This supplement updates the original prospectus dated September 29, 2023, and should be read in conjunction with it. The company has also filed a Current Report on Form 8-K, detailing the results of the May 2024 Series D Preferred Stock redemptions. On the eighth monthly Holder Redemption Date, which occurred on May 6, 2024, there were no redemption requests for the Series D Preferred Stock. To date, 948,631 shares of Series D Preferred Stock have been redeemed, resulting in the issuance of 67,042,618 shares of common stock for an aggregate redemption price of approximately $35.9 million. As of May 6, 2024, there are...Show More