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8-K: Current report

SEC ·  Jun 6, 2024 07:06

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.
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.
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