Form 4: Ursa Fund Increases Stake in Wheeler Real Estate Investment Trust

Ursa Fund Management, LLC, along with related parties, has increased its holdings in Wheeler Real Estate Investment Trust through recent purchases of Series D Cumulative Preferred stock.

Summary

• Ursa Fund Management, LLC, along with Ursa Fund Partners LP, Andrew Hahn, and Russell Douglas, have reported changes in their beneficial ownership of Wheeler Real Estate Investment Trust's Series D Cumulative Preferred stock.
• On December 30, 2024, they acquired 7,300 shares at a weighted average price of $26.7291 per share, with individual prices ranging from $26.2250 to $27.0000.
• On December 31, 2024, they acquired an additional 3,600 shares at a weighted average price of $27.1216 per share, with individual prices ranging from $27.0980 to $27.2000.
• Following these transactions, the total shares beneficially owned by the group increased to 399,200 shares.
• The shares are held by Ursa Fund Partners LP, with Ursa Fund Management LLC acting as the General Partner and Investment Manager.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction, with no clear positive or negative implications. The increased investment suggests confidence, but the lack of context makes it difficult to assign a higher sentiment score.

Positives

• The increased investment by Ursa Fund Management and related parties indicates confidence in Wheeler Real Estate Investment Trust.
• The purchases were made at prices ranging from $26.2250 to $27.2000, suggesting a willingness to pay a premium for the stock.

Risks

• The document does not provide any information about the reasons for the purchases, so it is difficult to assess the long-term implications.
• The document does not provide any information about the future plans of Ursa Fund Management, so it is difficult to assess the potential impact on the share price.

Industry Context

This filing reflects a change in ownership of a specific class of stock in a Real Estate Investment Trust, which is a common occurrence in the financial markets. It does not provide any information about the broader industry trends or competitors.

Comparison to Industry Standards

• It is common for investment funds to increase or decrease their holdings in publicly traded companies.
• The specific details of the transactions, such as the weighted average price and the range of prices, are typical for these types of filings.
• There is no specific information in the document to compare to other similar transactions or companies.

Stakeholder Impact

• The increased investment by Ursa Fund Management may be viewed positively by shareholders, potentially increasing confidence in the company.
• The transactions do not appear to have any immediate impact on other stakeholders such as employees, customers, suppliers, or creditors.

Key Dates

Keywords

Wheeler Real Estate Investment Trust, Ursa Fund Management, Series D Cumulative Preferred Stock, Beneficial Ownership, Stock Purchase, Investment