Summary by Moomoo AI
Wheeler Real Estate Investment Trust, Inc. has achieved a significant milestone with the Securities and Exchange Commission (SEC) declaring its Form S-11 effective as of July 9, 2024, at 4:00 P.M. The Form S-11 is a registration statement that companies use to register securities for real estate investment trusts (REITs) which indicates Wheeler's intent to offer securities to the public. The effectiveness of this form marks a key step in the company's efforts to raise capital through the sale of securities.
