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:   2025-03-07T23:59:59+00:00
Accession:  0001527541-25-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT exchanges 109,548 preferred shares for 821,610 common shares
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- Issued 821,610 common shares to two unaffiliated holders in exchange for 54,774 Series B and 54,774 Series D preferred shares.
- Exchange ratio was 15 common shares per preferred share; no cash proceeds to the company.
- All exchanged preferred shares were retired and cancelled; settlements occurred March 4-5, 2025.
- Issuance exempt from registration under Section 3(a)(9) of the Securities Act as an exchange with existing holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000051/0001527541-25-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000051/whlr-20250304.htm
  HTML page:      https://secwatch.observer/filing/0001527541-25-000051

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