other material
confidence high
sentiment neutral
materiality 0.35
Wheeler REIT issues 142,800 common shares in exchange for 8,400 preferred shares from holder
Wheeler Real Estate Investment Trust, Inc.
- Issued 142,800 common shares in exchange for 2,800 Series D and 5,600 Series B preferred shares.
- Exchange ratio: 51 common shares per 1 Series D or per 2 Series B shares.
- No cash proceeds received; preferred shares retired and cancelled.
- Exempt under Section 3(a)(9) of Securities Act; no commission paid.