Summary by Moomoo AI
On June 28, 2024, Wheeler Real Estate Investment Trust Inc. received a notification from Nasdaq indicating non-compliance with the minimum Publicly Held Shares requirement. The company must submit a compliance plan by July 12, 2024. Despite this, trading of its common stock under the symbol 'WHLR' continues on The Nasdaq Capital Market. Concurrently, Wheeler REIT filed a registration statement to register shares of common stock for future redemptions and conversions of Series D Preferred Stock. The company also updated its Redemption FAQs on its website regarding the redemptions of Series D Preferred Stock settled in unregistered common stock.