---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-25-000260"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:39:25.094135+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WHLR adjusts convertible note conversion price to $1.74 after November Series D redemptions

## Summary
- Conversion price of 7.00% Notes due 2031 cut from $3.59 to $1.74 per share, a 45% discount to $3.17.
- November 2025: 5 redemption requests, 11,425 Series D shares redeemed, settled with 152,703 common shares issued.
- Cumulative: 1,746,481 Series D shares redeemed to date; Company issued ~575,000 common shares in aggregate.
- As of Nov 5, 2025: 1,380,640 common shares and 1,601,444 Series D shares outstanding.

## SEC filing metadata
- accession: 0001527541-25-000260
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000260/0001527541-25-000260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754125000260/whlr-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-25-000260
- JSON: https://secwatch.observer/filing/0001527541-25-000260.json
- Plain text: https://secwatch.observer/filing/0001527541-25-000260.txt

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