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:   2025-11-25T23:59:59+00:00
Accession:  0001527541-25-000285
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT announces 1-for-2 reverse stock split effective Nov 28, 2025
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- Reverse split effective 5:00 p.m. ET Nov 28; trading on split-adjusted basis Dec 1.
- Pre-split shares outstanding 1,380,640; post-split approx 690,320 shares; no change to authorized shares.
- No fractional shares issued; cash in lieu based on Nov 28 closing price.
- Conversion rate of 7% subordinated notes due 2031 reduced from ~14.35 to ~7.17 shares per $25 principal.
- Conversion price of Series B and Series D preferred stock proportionally increased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000285/0001527541-25-000285-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754125000285/whlr-20251125.htm
  HTML page:      https://secwatch.observer/filing/0001527541-25-000285

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