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:   2025-09-17T23:59:59+00:00
Accession:  0001527541-25-000237
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT executes 1-for-5 reverse stock split; exchanges preferred for common
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- Filed 1-for-5 reverse stock split effective Sept 22, 2025; post-split shares ~946,994.
- Exchanged 253,000 common shares for 11,000 Series D and 22,000 Series B preferred (no cash).
- Conversion rate on 7.00% sub notes due 2031 adjusted to ~5.09 shares per $25 principal.
- Conversion price of Series B and Series D preferred increased proportionally per split.
- Common stock begins trading on split-adjusted basis Sept 23 with new CUSIP 963025796.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000237/0001527541-25-000237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000237/whlr-20250916.htm
  HTML page:      https://secwatch.observer/filing/0001527541-25-000237

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer