Summary by Moomoo AI
Ursa Fund Management, LLC plans to acquire 10,900 Series D Cumulative Preferred shares of Wheeler Real Estate Investment Trust in two transactions on December 30 and 31, 2024. The purchases will be made at prices ranging from $26.7291 to $27.1216 per share.On December 30, 2024, Ursa Fund will buy 7,300 shares at $26.7291 each, increasing their holdings to 395,600 shares. The following day, they will acquire an additional 3,600 shares at $27.1216 per share, bringing their total ownership to 399,200 shares after the transactions. Both purchases will be made through open market or private transactions.The shares will be held indirectly by Ursa Fund Management, LLC, as indicated in the footnote of the filing. These planned acquisitions demonstrate Ursa Fund's increased investment in Wheeler Real Estate Investment Trust's preferred stock.
