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:   2026-02-06T23:59:59+00:00
Accession:  0001527541-26-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler REIT adjusts Note conversion price to $2.60 after Series D redemptions in Feb 2026
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- Conversion price of 7% Subordinated Convertible Notes due 2031 adjusted to approx. $2.60 per share, a 45% discount to the $4.72 VWAP.
- February 2026: redeemed 10,700 Series D shares at ~$42.35/share; settled with 95,904 common shares.
- Cumulative redemptions: 1,770,581 Series D shares redeemed, issuing ~249,000 common shares.
- As of Feb 6, 2026: 790,739 common shares and 1,577,898 Series D preferred shares outstanding.
- Next redemption deadline: Feb 25, 2026; March redemption date March 5, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000018/0001527541-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000018/whlr-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000018

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