share_log

8-K: Current report

SEC ·  Oct 8, 2024 20:41

Summary by Moomoo AI

Wheeler Real Estate Investment Trust processed 17 redemption requests for 85,019 Series D Preferred Stock shares on October 7, 2024, at $39.42 per share. The company settled the redemption through issuing 243,336 common stock shares, with a 10-day volume-weighted average price of $13.77 per share.Cumulatively, the company has processed 229 redemption requests, redeeming 1,181,598 Series D Preferred Stock shares and issuing approximately 865,000 common shares (adjusted for reverse stock splits). As of October 7, 2024, Wheeler had 896,104 common shares and 2,453,949 Series D Preferred shares outstanding.The next monthly redemption deadline is set for October 25, 2024, with the Holder Redemption Date scheduled for November 5, 2024.
Wheeler Real Estate Investment Trust processed 17 redemption requests for 85,019 Series D Preferred Stock shares on October 7, 2024, at $39.42 per share. The company settled the redemption through issuing 243,336 common stock shares, with a 10-day volume-weighted average price of $13.77 per share.Cumulatively, the company has processed 229 redemption requests, redeeming 1,181,598 Series D Preferred Stock shares and issuing approximately 865,000 common shares (adjusted for reverse stock splits). As of October 7, 2024, Wheeler had 896,104 common shares and 2,453,949 Series D Preferred shares outstanding.The next monthly redemption deadline is set for October 25, 2024, with the Holder Redemption Date scheduled for November 5, 2024.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more