Wheeler REIT issues 632K common shares for preferred; stockholders authorize reverse split through Dec 2026

Wheeler Real Estate Investment Trust, Inc.

Issued 632,000 common shares in exchange for 34,000 Series B and 34,000 Series D preferred shares from unaffiliated holders; no cash proceeds.
Preferred shares retired and cancelled; exchange ratios were 18:1 and 19:1 across two separate transactions on Aug 18-20, 2025.
Stockholders authorized a reverse stock split at ratios 1:2 to 1:100 for each month from Aug 2025 through Dec 2026 (18 separate proposals passed).
All 8 director nominees re-elected; Cherry Bekaert LLP ratified as independent auditor for fiscal year 2025.

item 3.02item 5.07

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.