---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-23-000164"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:26:23.164914+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT receives Nasdaq delisting notice for bid price below $1.00; 180-day cure period

## Summary
- Nasdaq notified WHLR that common stock failed to meet $1.00 minimum bid for 30 consecutive business days.
- Company has until June 4, 2024 to regain compliance; may seek second 180-day period if eligible.
- WHLR evaluating options including a reverse stock split to cure the deficiency.
- Series D preferred holders can redeem at $25/share plus accrued dividends; company plans to settle in common stock.
- Common stock issued in December redemptions was unregistered; company plans to register future shares.

## SEC filing metadata
- accession: 0001527541-23-000164
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000164/0001527541-23-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000164/whlr-20231207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-23-000164
- JSON: https://secwatch.observer/filing/0001527541-23-000164.json
- Plain text: https://secwatch.observer/filing/0001527541-23-000164.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: December 7, 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 minimum bid p
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000164/0001527541-23-000164-index.htm

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