{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-108884","form_type":"8-K","ticker":"WHLR","cik":"0001527541","company_name":"Wheeler Real Estate Investment Trust, Inc.","filed_at":"2026-10-13T16:18:30+00:00","discovered_at":"2026-10-13T16:19:00.253929+00:00","generated_at":"2026-10-13T16:19:06.229390+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Wheeler REIT inks up to $25M note deal; 0% notes repaid daily in stock at $0.25 floor","bullets":["Initial $1,000,000 promissory note sold Oct 13, 2026 to an unaffiliated investor; total issuance capped at $25,000,000 in $1M denominations.","Notes mature in 18 months, carry 0.00% interest, and amortize 0.4% of original principal each trading day, payable in Common Stock at the prior day's close.","Stock amortization switches to cash if price falls below the $0.25 Floor Price, shares aren't registered or Nasdaq-listed, or DWAC/DTC issues arise.","Note Investors pay with Series D Preferred Stock valued at its $25.00 liquidation preference plus accrued dividends; closings need Nasdaq 5635(d) stockholder approval of >19.99% share issuance.","Resale registration statement due within 60 days of stockholder approval, effective within 90 days if reviewed; company may terminate if closing misses Feb 1, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-108884","json":"https://secwatch.observer/filing/0001213900-26-108884.json","markdown":"https://secwatch.observer/filing/0001213900-26-108884.md","text":"https://secwatch.observer/filing/0001213900-26-108884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527541/000121390026108884/0001213900-26-108884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527541/000121390026108884/ea0308314-8k_wheeler.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-13T16:19:06.229390+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}