Wheeler REIT Files 8-K
Ticker: WHLRL · Form: 8-K · Filed: Jun 6, 2024 · CIK: 1527541
| Field | Detail |
|---|---|
| Company | Wheeler Real Estate Investment Trust, Inc. (WHLRL) |
| Form Type | 8-K |
| Filed Date | Jun 6, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $35.9 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-event
Related Tickers: WHLR
TL;DR
Wheeler REIT filed an 8-K on June 5th, something's up.
AI Summary
On June 5, 2024, Wheeler Real Estate Investment Trust, Inc. filed an 8-K report. The filing indicates a change in the company's structure or operations, but specific details regarding the nature of the event, any associated financial figures, or involved parties are not provided in the excerpt.
Why It Matters
This filing signals a material event for Wheeler Real Estate Investment Trust, Inc., requiring disclosure to investors and the market.
Risk Assessment
Risk Level: medium — An 8-K filing indicates a significant event that could impact the company's stock price and investor confidence.
Key Players & Entities
- Wheeler Real Estate Investment Trust, Inc. (company) — Registrant
- June 5, 2024 (date) — Date of earliest event reported
FAQ
What specific event triggered this 8-K filing for Wheeler Real Estate Investment Trust, Inc.?
The provided text does not specify the exact event that triggered the 8-K filing, only the date it was reported.
What is the principal executive office address for Wheeler Real Estate Investment Trust, Inc.?
The principal executive offices are located at 2529 Virginia Beach Blvd., Virginia Beach, VA 23452.
When was Wheeler Real Estate Investment Trust, Inc. incorporated or organized?
The company was incorporated or organized in Maryland.
What is the IRS Employer Identification Number for Wheeler Real Estate Investment Trust, Inc.?
The IRS Employer Identification Number is 45-2681082.
What is the SEC file number for Wheeler Real Estate Investment Trust, Inc.?
The SEC file number is 001-35713.
Filing Stats: 614 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-06-06 08:03:41
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share WHLR Nasdaq Capital
- $35.9 million — egate redemption price of approximately $35.9 million. As of June 6, 2024, the Company had 2
Filing Documents
- whlr-20240605.htm (8-K) — 35KB
- 0001527541-24-000095.txt ( ) — 206KB
- whlr-20240605.xsd (EX-101.SCH) — 2KB
- whlr-20240605_def.xml (EX-101.DEF) — 16KB
- whlr-20240605_lab.xml (EX-101.LAB) — 29KB
- whlr-20240605_pre.xml (EX-101.PRE) — 17KB
- whlr-20240605_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events Results of June 2024 Series D Preferred Stock Redemptions The ninth monthly "Holder Redemption Date" occurred on June 5, 2024. The Company received no redemption requests from any holders of its Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") . Cumulative Series D Preferred Stock Redemption Information (Unchanged from May 2024) To date, the Company has processed 182 redemption requests, collectively redeeming 948,631 shares of Series D Preferred Stock. Accordingly, the Company has issued approximately 2.8 million shares of its common stock, par value $0.01 ("Common Stock") (as adjusted for the Company's May 16, 2024 one-for-24 reverse stock split (the "Reverse Stock Split")) in settlement of an aggregate redemption price of approximately $35.9 million. As of June 6, 2024, the Company had 2,834,237 shares of Common Stock (as adjusted for the Reverse Stock Split) and 2,577,240 shares of Series D Preferred Stock outstanding. July 2024 Redemptions The deadline for the next monthly round of Series D Preferred Stock redemptions is June 25, 2024. The next monthly Holder Redemption Date will occur on July 5, 2024. Required redemption forms and a list of frequently asked questions can each be found on the Company's website at https://ir.whlr.us/series-d/series-d-redemption. Information contained on the Company's website is not incorporated by reference into this Current Report on Form 8-K and should not be considered to be part of this Current Report on Form 8-K.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WHEELER REAL ESTATE INVESTMENT TRUST, INC. By: /s/ M. Andrew Franklin Name: M. Andrew Franklin Title: Chief Executive Officer and President Dated: June 6, 2024