{"schema_version":"secwatch.filing_event.v1","accession":"0001527541-25-000223","form_type":"8-K","ticker":"WHLR","cik":"0001527541","company_name":"Wheeler Real Estate Investment Trust, Inc.","filed_at":"2025-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.225690+00:00","generated_at":"2026-05-17T07:35:39.275010+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Wheeler Real Estate adjusts convertible note conversion price to $0.98 per share after preferred redemptions","bullets":["Conversion price of 7.00% Subordinated Convertible Notes due 2031 reduced from ~$2.00 to ~$0.98 per share, a 45% discount to the $1.78 reference price.","On September 5, 2025, the company processed 8 Series D Preferred redemption requests totaling 11,551 shares, issuing 270,184 common shares as settlement.","Cumulatively, 379 redemption requests have redeemed 1,700,025 Series D shares, with ~982,000 common shares issued in settlement.","As of September 5, 2025, outstanding common shares were 3,108,970 and Series D Preferred shares were 1,715,500.","The next monthly redemption deadline is September 25, 2025, with the Holder Redemption Date on October 6, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001527541-25-000223","json":"https://secwatch.observer/filing/0001527541-25-000223.json","markdown":"https://secwatch.observer/filing/0001527541-25-000223.md","text":"https://secwatch.observer/filing/0001527541-25-000223.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527541/000152754125000223/0001527541-25-000223-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527541/000152754125000223/whlr-20250905.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-17T07:35:39.275010+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}