---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000207"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-07-07T12:21:50+00:00"
generated_at: "2026-07-07T12:25:06.324979+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT issues ~2.1M common shares for preferred stock; note conversion price cut to $0.67

## Summary
- Issued 2,119,707 common shares in exchange for 173,383 Series B and 13,217 Series D preferred shares in June/July 2026.
- Conversion price of 7% subordinated convertible notes due 2031 adjusted to ~$0.67/share, a 45% discount to $1.22.
- July 2026 Series D redemptions: 8,200 shares redeemed at ~$40.97/share, settled with 275,883 common shares.
- Cumulative Series D redemptions: 1,811,928 shares redeemed, ~464,000 common shares issued to date.
- As of July 6, 2026, common shares outstanding: 3,030,738; Series D outstanding: 1,789,240.

## SEC filing metadata
- accession: 0001527541-26-000207
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-07-07T12:21:50+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000207/0001527541-26-000207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000207/whlr-20260630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000207
- JSON: https://secwatch.observer/filing/0001527541-26-000207.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000207.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.