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:   2025-03-21T23:59:59+00:00
Accession:  0001527541-25-000061
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler Real Estate announces 1-for-5 reverse stock split effective March 26, 2025
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- Reverse split effective 5:00 p.m. ET March 26; par value reduced to $0.01 per share.
- No fractional shares; stockholders receive cash in lieu based on March 26 closing price.
- Conversion rate on 7.00% subordinated convertible notes reduced from 27.41 to 5.48 shares per $25.
- Series B preferred conversion price increases from $1,152,000 to $5,760,000 per common share.
- New CUSIP 963025820; trading symbol WHLR unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000061/0001527541-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000061/whlr-20250321.htm
  HTML page:      https://secwatch.observer/filing/0001527541-25-000061

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