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:   2025-10-07T23:59:59+00:00
Accession:  0001527541-25-000246
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000246/0001527541-25-000246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000246/whlr-20251006.htm
  HTML page:      https://secwatch.observer/filing/0001527541-25-000246

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