WHLR converts notes at $0.69; warns of potential registered share shortfall for July redemptions

Wheeler Real Estate Investment Trust, Inc.

Conversion price of 7.00% Subordinated Convertible Notes adjusted to ~$0.69/share (36.09 shares per $25 principal) after Series D conversions at $1.26.
June redemptions: 7,700 Series D shares redeemed at $41.07 each, settled with 251,090 common shares.
Cumulative: 1,803,728 Series D shares redeemed, issuing ~753,000 common shares; 2,194,353 common and 1,765,162 Series D shares outstanding as of June 5, 2026.
WARNING: May lack sufficient registered common shares to settle July 6 redemptions; plans to file new registration statement with no guarantee of timely effectiveness.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.