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:   2026-01-06T23:59:59+00:00
Accession:  0001527541-26-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT adjusts convertible note conversion price to $1.16 per share after Series D redemptions
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- Conversion price of 7.00% Subordinated Convertible Notes due 2031 adjusted to ~$1.16/share (45% discount from $2.11).
- January 2026: 700 Series D Preferred shares redeemed at ~$42.20/share, settled with 13,974 common shares.
- Cumulative: 1,759,881 Series D shares redeemed via 398 requests; ~459,000 common shares issued.
- As of Jan 6, 2026: 1,909,573 common shares and 1,577,848 Series D shares outstanding.
- Next redemption deadline Jan 25, 2026; Holder Redemption Date Feb 5, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000004/0001527541-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000004/whlr-20260105.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000004

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