---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-052464"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:30:28.711587+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT receives Nasdaq bid price deficiency notice; faces delisting risk

## Summary
- Received Nasdaq letter on Jun 26, 2023 for non-compliance with $1.00 minimum bid price rule.
- Has 180 days (until Dec 26, 2023) to close at $1.00+ for 10 consecutive business days.
- If not cured, may qualify for second 180-day compliance period under conditions.
- Company evaluating options including a reverse stock split to regain compliance.
- Common stock continues trading on Nasdaq under WHLR; delisting would materially impact the company.

## SEC filing metadata
- accession: 0001213900-23-052464
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000121390023052464/0001213900-23-052464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000121390023052464/ea181043-8k_wheeler.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-052464
- JSON: https://secwatch.observer/filing/0001213900-23-052464.json
- Plain text: https://secwatch.observer/filing/0001213900-23-052464.txt

## Key facts
- Listing & Compliance Notices
  Wheeler Real Estate Investment Trust, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: June 26, 2023, Wheeler Real Estate Investment Trust, Inc. (the “ Company ”) received a letter (the “ Notice ”) from the listing qualifications staff (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “ Bid Price Rule ”) for continued listing. The Bid Price Rule requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) (the “ Compliance Period Rule ”) provides that a failure to meet the mini
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000121390023052464/0001213900-23-052464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.