secwatch.observer — SEC 8-K summary
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Issuer:     Wheeler Real Estate Investment Trust, Inc. (WHLR)
CIK:        0001527541
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0001527541-25-000024
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT announces 1-for-4 reverse stock split effective Jan 27, 2025
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- Reverse stock split approved and effective Jan 27, 2025 at 5:00 p.m. ET; par value reduced from $0.04 to $0.01.
- No fractional shares issued; cash in lieu based on closing price on Jan 27, 2025.
- Conversion rate on 7% subordinated notes due 2031 adjusted from ~12.13 to ~3.03 shares per $25 principal.
- Conversion prices for Series B and Series D preferred stock increased proportionally; authorized shares unchanged.
- Common stock will trade under new CUSIP 963025838 on Nasdaq; trading symbol remains WHLR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000024/0001527541-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000024/whlr-20250122.htm
  HTML page:      https://secwatch.observer/filing/0001527541-25-000024

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