other material
confidence high
sentiment neutral
materiality 0.40
Wheeler REIT issues 146,666 Series D Preferred shares in exchange for subsidiary preferred stock
Wheeler Real Estate Investment Trust, Inc.
- On March 16, 2026, issued 80,000 Series D Preferred for 120,000 Cedar Series C Preferred held by unaffiliated investors.
- On April 1, 2026, issued 66,666 Series D Preferred for 90,000 Cedar Series C and 10,000 Cedar Series B Preferred.
- Acquired Cedar preferred shares were contributed to Cedar Realty Trust and retired immediately.
- Transaction executed as a private placement under Section 4(a)(2) of the Securities Act.