Wheeler Real Estate announces 1-for-3 reverse stock split effective April 17, 2026

Wheeler Real Estate Investment Trust, Inc.

Reverse stock split 1-for-3 effective 5:00 PM ET on April 17, 2026; trading on split-adjusted basis begins April 20 under new CUSIP 963025762.
Par value reduced from $0.03 to $0.01 per share effective 5:01 PM ET on same day.
No fractional shares issued; cash in lieu based on closing price on April 17.
Outstanding shares to drop from ~1.81M to ~604k; authorized shares unchanged at 20M.
Conversion rate for 7.00% Sub. Convertible Notes due 2031 adjusted from ~43.85 to ~14.62 shares per $25 principal; Series B and D preferred conversion prices proportionally increased.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Wheeler Real Estate Investment Trust, Inc.: Amended charter to effect a one-for-three reverse stock split (effective 2026-04-17).

Change: charter amendment
Effective: 2026-04-17

Exact text from the filing

the Company filed two Articles of Amendment to its charter with the State Department of Assessments and Taxation of Maryland that provide for: i. a one-for-three Reverse Stock Split of the Common Stock, to be effective at 5:00 p.m. Eastern Time (the “ Effective Time ”) on April 17, 2026

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Wheeler Real Estate Investment Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001527541-26-000100

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