Wheeler Real Estate Investment Trust, Inc. has been notified by Nasdaq that the Company is no longer in compliance with the Nasdaq Listing Rule 5605 due to the Audit Committee consisting of only two members, instead of the required three, due to the resignation of Michelle D. Bergman. The Company needs to appoint a third member by the earlier of the Company's next annual stockholders meeting or June 2, 2024 to regain compliance.