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:   2026-04-13T23:59:59+00:00
Accession:  0001527541-26-000100
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000100/0001527541-26-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000100/whlr-20260413.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000100

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