---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-25-000208"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2025-08-20T23:59:59+00:00"
generated_at: "2026-05-17T11:08:24.589246+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001527541-25-000208
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2025-08-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000208/0001527541-25-000208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000208/whlr-20250818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-25-000208
- JSON: https://secwatch.observer/filing/0001527541-25-000208.json
- Plain text: https://secwatch.observer/filing/0001527541-25-000208.txt

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