secwatch.observer — SEC 8-K summary
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Issuer:     Wheeler Real Estate Investment Trust, Inc. (WHLR)
CIK:        0001527541
Form:       8-K
Filed at:   2023-07-18T23:59:59+00:00
Accession:  0001213900-23-057585
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT receives Nasdaq notice for audit committee size non-compliance
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- Nasdaq notified WHLR on July 12, 2023 that Audit Committee has only 2 members, violating Rule 5605.
- Non-compliance stems from Michelle D. Bergman's resignation from Board on June 5, 2023.
- WHLR must appoint a third Audit Committee member by earlier of next annual meeting or June 2, 2024.
- Company expects to appoint the required member within the cure period.
- Failure to regain compliance could result in delisting from Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000121390023057585/0001213900-23-057585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000121390023057585/ea181939-8k_wheeler.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-057585

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