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:   2026-07-07T12:21:50+00:00
Accession:  0001527541-26-000207
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000207/0001527541-26-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000207/whlr-20260630.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000207

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