Amended Statement of Beneficial Ownership (sc 13d/a)
August 20 2020 - 11:18AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
SCHEDULE
13D
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)*
Wheeler Real Estate Investment Trust, Inc.
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(Name of Issuer)
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Common Stock, $0.01 par value per share
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(Title of Class of Securities)
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Daniel Khoshaba
c/o Wheeler Real Estate Investment Trust, Inc.
2529 Virginia Beach Boulevard
Virginia Beach, Virginia 23452
Telephone Number: (917) 543-0004
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(Name, Address and Telephone Number of Person
Authorized to Receive
Notices and Communications)
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August 17, 2020
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(Date of Event Which Requires Filing of this Statement)
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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [X].
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* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
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1.
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NAME OF REPORTING PERSONS
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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Daniel Khoshaba
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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[_]
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(b)
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[_]
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3.
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SEC USE ONLY
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4.
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SOURCE OF FUNDS
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PF
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5.
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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[_]
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6.
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States of America
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
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7.
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SOLE VOTING POWER
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1,057,152
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8.
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SHARED VOTING POWER
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0
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9.
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SOLE DISPOSITIVE POWER
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1,057,152
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10.
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SHARED DISPOSITIVE POWER
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0
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11.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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1,057,152
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12.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
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[_]
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13.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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10.9%
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14.
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TYPE OF REPORTING PERSON
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IN
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Item 1.
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Security and Issuer.
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The name of the issuer is Wheeler Real Estate
Investment Trust, Inc., a Maryland corporation (the "Issuer"). The address of the Issuer's principal executive offices
is 2529 Virginia Beach Boulevard, Virginia Beach, Virginia 23452. This Amendment No. 3 to Schedule 13D relates to the Issuer's
Common Stock, $0.01 par value per share (the "Shares").
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Item 2.
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Identity and Background.
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(a), (f)
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The person filing this statement is Daniel Khoshaba, a United States citizen (“Mr. Khoshaba”).
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(b)
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Mr. Khoshaba’s principal business address is c/o Wheeler Real Estate Investment Trust, Inc., 2529 Virginia Beach Boulevard, Virginia Beach, Virginia 23452.
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(c)
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Mr. Khoshaba is the Chief Executive Officer of the Issuer and is a member of its Board of Directors.
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(d)
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Mr. Khoshaba has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
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(e)
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Mr. Khoshaba has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
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Item 3.
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Source and Amount of Funds or Other Consideration.
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The funds for the purchase of the 1,057,152 Shares beneficially owned by Mr. Khoshaba came from his personal funds. No borrowed funds were used to purchase the Shares, other than any borrowed funds used for working capital purposes in the ordinary course of business.
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Item 4.
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Purpose of Transaction.
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Mr. Khoshaba is filing this Schedule 13D/A
to report a change in his beneficial ownership percentage of the Shares, as indicated in Item 5 below. As indicated in Item 2 above,
Mr. Khoshaba currently serves as the Issuer’s Chief Executive Officer and as a member of its Board of Directors.
Except as otherwise set forth herein, Mr. Khoshaba
does not have any present plans or proposals which would relate to, or result in, the matters set forth in subparagraphs (a) –
(j) of Item 4 of Schedule 13D. However, subject to market conditions and in compliance with applicable securities laws, Mr. Khoshaba
reserves the right, at a later date, to effect one or more of such changes or transactions in the number of Shares he may be deemed
to beneficially own in open-market or in privately negotiated transactions, on such terms and at such times as Mr. Khoshaba may
deem advisable.
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Item 5.
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Interest in Securities of the Issuer.
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(a) - (d)
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As of the date hereof, Mr. Khoshaba may be
deemed to be the beneficial owner of 1,057,152 Shares, constituting 10.9% of the Shares, based upon 9,699,461 Shares outstanding
as of the date hereof. Mr. Khoshaba has the sole power to vote or direct the vote of 1,057,152 Shares and the shared power to vote
or direct the vote of 0 Shares. Mr. Khoshaba has the sole power to dispose or direct the disposition of 1,057,152 Shares and the
shared power to dispose or direct the disposition of 0 Shares.
The transactions in the Shares by Mr. Khoshaba
in the past 60 days in respect of the Issuer are set forth on Exhibit A. Each reported transaction was an open-market transaction.
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(e)
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N/A
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Item 6.
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Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
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The information set forth in Item 4 above is incorporated by reference
in its entirety in this Item 6. Mr. Khoshaba does not have any contract, arrangement, understanding or relationship with any person
with respect to securities of the Issuer that is not described herein or in a prior Schedule 13D filed by Mr. Khoshaba in respect
of the Issuer.
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Item 7.
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Material to be Filed as Exhibits.
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Exhibit A: Schedule of Transactions in the Shares
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SIGNATURE
After reasonable inquiry
and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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August 20, 2020
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(Date)
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Daniel Khoshaba
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/s/ Daniel Khoshaba
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Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (see 18 U.S.C. 1001).
Exhibit A
Schedule of Transactions in the
Shares
Date
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Purchase/Sale
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Quantity
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Price
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08/17/20
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Purchase
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700
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$2.55
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08/17/20
|
Purchase
|
200
|
$2.55
|
08/17/20
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Purchase
|
100
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$2.55
|
08/17/20
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Purchase
|
100
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$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
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Purchase
|
300
|
$2.55
|
08/17/20
|
Purchase
|
300
|
$2.55
|
08/17/20
|
Purchase
|
400
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
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Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
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Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
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Purchase
|
100
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$2.55
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08/17/20
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Purchase
|
104
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$2.59
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08/17/20
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Purchase
|
200
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$2.56
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08/17/20
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Purchase
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300
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$2.56
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08/17/20
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Purchase
|
100
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$2.60
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08/17/20
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Purchase
|
100
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$2.61
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08/17/20
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Purchase
|
100
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$2.60
|
08/17/20
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Purchase
|
100
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$2.61
|
08/17/20
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Purchase
|
100
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$2.57
|
08/17/20
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Purchase
|
100
|
$2.62
|
08/17/20
|
Purchase
|
100
|
$2.62
|
08/17/20
|
Purchase
|
100
|
$2.62
|
08/17/20
|
Purchase
|
100
|
$2.61
|
08/17/20
|
Purchase
|
100
|
$2.61
|
08/17/20
|
Purchase
|
100
|
$2.61
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
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$2.61
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
|
$2.57
|
08/17/20
|
Purchase
|
100
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$2.57
|
08/17/20
|
Purchase
|
100
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$2.57
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
30
|
$2.62
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
70
|
$2.62
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
100
|
$2.56
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
100
|
$2.55
|
08/17/20
|
Purchase
|
98
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
51
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
51
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
200
|
$2.47
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
33
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
200
|
$2.44
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
36
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
76
|
$2.48
|
08/17/20
|
Purchase
|
24
|
$2.47
|
08/17/20
|
Purchase
|
100
|
$2.47
|
08/17/20
|
Purchase
|
65
|
$2.48
|
08/17/20
|
Purchase
|
35
|
$2.47
|
08/17/20
|
Purchase
|
100
|
$2.47
|
08/17/20
|
Purchase
|
100
|
$2.44
|
08/17/20
|
Purchase
|
65
|
$2.47
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
100
|
$2.48
|
08/17/20
|
Purchase
|
84
|
$2.45
|
08/17/20
|
Purchase
|
100
|
$2.45
|
08/17/20
|
Purchase
|
66
|
$2.45
|
08/17/20
|
Purchase
|
100
|
$2.45
|
08/17/20
|
Purchase
|
100
|
$2.45
|
08/17/20
|
Purchase
|
100
|
$2.45
|
08/17/20
|
Purchase
|
100
|
$2.45
|
08/17/20
|
Purchase
|
100
|
$2.45
|
08/17/20
|
Purchase
|
12
|
$2.45
|
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