Business Context and Reporting Period
This Form 8-K filing by Wheeler Real Estate Investment Trust, Inc. (WHLR) is dated November 13, 2024. The report addresses a specific regulatory event regarding the company's listing status on the Nasdaq Capital Market.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a corporate governance and listing compliance matter.
Material Changes
The primary material change reported is the resolution of a listing deficiency. As of November 6, 2024, the Company reported having 1,200,110 "Publicly Held Shares" outstanding. This figure restored compliance with Nasdaq Listing Rule 5550(a)(4), closing a deficiency matter that was previously disclosed on July 1, 2024.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of new risks or contingencies. The only risk addressed is the prior listing deficiency, which has now been resolved.
Key Facts for Investors to Verify
- The Company has regained compliance with Nasdaq Listing Rule 5550(a)(4) regarding the minimum number of publicly held shares.
- The specific count of publicly held shares as of November 6, 2024, was 1,200,110.
- The deficiency matter originally disclosed on July 1, 2024, is officially closed.
- The Company's securities (Common Stock, Series B and D Preferred Stock, and Subordinated Convertible Notes) continue to trade on the Nasdaq Capital Market.