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Wheeler provides monthly update on series D redemptions
Chicago, April 8 – Wheeler Real Estate Investment Trust Inc. provided a monthly update on its ongoing offer to redeem its series D cumulative convertible preferred stock (Nasdaq: WHLRD) in a 424B3 filing with the Securities and Exchange Commission.
On the seventh monthly holder redemption date on April 5 no holders requested redemptions.
The deadline for the next monthly round is April 25 for May 6 redemption.
The company has processed 182 redemption requests, collectively redeeming 948,631 shares of series D preferred stock.
As of April 5, the company had 68,023,718 shares of common stock and 2,577,240 shares of series D preferred stock outstanding.
Wheeler is based in Virginia Beach.
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