secwatch / observer
8-K filed September 12, 2025, 7:59 PM ET ticker WHLR CIK 0001527541
other material confidence high sentiment neutral materiality 0.50

Wheeler REIT issues ~1.37M common shares in exchange for Preferred (Series B & D) without cash

Wheeler Real Estate Investment Trust, Inc.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Wheeler Real Estate Investment Trust, Inc. issued 365,000 shares of common stock to two unaffiliated holders (September 9 Investors) for exchange for 14,600 shares of Series D Preferred Stock and 29,200 shares of Series B Preferred Stock; no cash proceeds.

Security
common stock
Shares
365,000 shares
Purchaser
two unaffiliated holders (September 9 Investors)
Consideration
exchange for 14,600 shares of Series D Preferred Stock and 29,200 shares of Series B Preferred Stock; no cash proceeds
Exact text from the filing
On September 9, 2025, Wheeler Real Estate Investment Trust, Inc. (the “Company”) agreed to issue an aggregate amount of 365,000 shares of its common stock, $0.01 par value per share (the “Common Stock”), to two unaffiliated holders of the Company’s securities (together, the “September 9 Investors”) in separate exchanges for an aggregate amount of 14,600 shares of the Company’s Series D Cumulative Convertible Preferred Stock (the “Series D Preferred Stock”) and 29,200 shares of the Company's Series B Convertible Preferred Stock (the “Series B Preferred Stock” and, together with the Series D Preferred Stock, the “Preferred Stock”).
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Wheeler Real Estate Investment Trust, Inc. issued 1,008,000 shares of common stock to two unaffiliated holders (September 11 Investors) for exchange for 42,000 shares of Series D Preferred Stock and 84,000 shares of Series B Preferred Stock; no cash proceeds.

Security
common stock
Shares
1,008,000 shares
Purchaser
two unaffiliated holders (September 11 Investors)
Consideration
exchange for 42,000 shares of Series D Preferred Stock and 84,000 shares of Series B Preferred Stock; no cash proceeds
Exact text from the filing
On September 11, 2025, the Company agreed to issue an aggregate amount of 1,008,000 shares of Common Stock to two unaffiliated holders of the Company’s securities (together, the “September 11 Investors”) in separate exchanges for an aggregate amount of 42,000 shares of the Series D Preferred Stock and 84,000 shares of the Series B Preferred Stock.
View on SEC.gov

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Wheeler Real Estate Investment Trust, Inc. filing history →

Source: SEC EDGAR
accession 0001527541-25-000230
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