---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-24-000228"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:44:11.345712+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT implements 1-for-2 reverse stock split effective Nov 18, 2024

## Summary
- Reverse stock split of common stock at 1-for-2 ratio effective 5:00 p.m. ET on Nov 18, 2024.
- Par value of common stock decreased from $0.02 to $0.01 per share effective 5:01 p.m. ET on Nov 18, 2024.
- Conversion rate of 7.00% subordinated convertible notes due 2031 reduced from ~10.53 to ~5.27 shares per $25 principal.
- No fractional shares issued; cash payment in lieu based on closing price on Nov 18, 2024.
- New CUSIP number 963025846 for common stock; trading symbol remains WHLR.

## SEC filing metadata
- accession: 0001527541-24-000228
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754124000228/0001527541-24-000228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754124000228/whlr-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-24-000228
- JSON: https://secwatch.observer/filing/0001527541-24-000228.json
- Plain text: https://secwatch.observer/filing/0001527541-24-000228.txt

## Key facts
- Governance Changes
  Wheeler Real Estate Investment Trust, Inc.: One-for-two reverse stock split of common stock, effective November 18, 2024 at 5:00 p.m. ET, and reduction of par value from $0.02 to $0.01 per share effective at 5:01 p.m. ET on the same day (effective 2024-11-18).
  - Change: charter amendment
  - Effective: 2024-11-18
  source text: and ii. the par value of the Common Stock to be decreased from $0.02 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000152754124000228/0001527541-24-000228-index.htm

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