---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-25-000246"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2025-10-07T23:59:59+00:00"
generated_at: "2026-05-17T04:26:03.871212+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT adjusts convertible notes conversion price to $3.59; processes Oct Series D redemptions

## Summary
- Conversion price of 7% Convertible Notes due 2031 reduced from ~$4.91 to ~$3.59/share (45% discount to $6.52 low).
- October 2025: 10 redemption requests for 35,031 Series D shares, settled with 225,970 common shares at $42.07/share.
- Cumulative: 389 requests redeemed 1,735,056 Series D shares; issued ~422,000 common shares total.
- Outstanding as of Oct 6: 1,172,937 common shares, 1,612,869 Series D preferred shares.
- Next redemption deadline Oct 25, 2025; next Holder Redemption Date Nov 5, 2025.

## SEC filing metadata
- accession: 0001527541-25-000246
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2025-10-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000246/0001527541-25-000246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000246/whlr-20251006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-25-000246
- JSON: https://secwatch.observer/filing/0001527541-25-000246.json
- Plain text: https://secwatch.observer/filing/0001527541-25-000246.txt

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