Summary by Moomoo AI
Wheeler Real Estate Investment Trust announced no redemption requests were received for its Series D Cumulative Convertible Preferred Stock during the ninth monthly Holder Redemption Date on June 5, 2024.To date, the company has processed 182 redemption requests, redeeming 948,631 Series D Preferred shares. In settlement, approximately 2.8 million common shares were issued (adjusted for May 16 one-for-24 reverse stock split), representing an aggregate redemption value of $35.9 million. As of June 6, 2024, the company had 2,834,237 common shares and 2,577,240 Series D Preferred shares outstanding.The next monthly redemption opportunity is scheduled for July 5, 2024, with a submission deadline of June 25, 2024. Redemption forms and FAQs are available on the company's investor relations website.