other material
confidence high
sentiment neutral
materiality 0.50
Wheeler REIT issues 352K common shares in exchange for 8K preferred shares from unaffiliated holder
Wheeler Real Estate Investment Trust, Inc.
- Issued 352,000 common shares for 6,400 Series B and 1,600 Series D preferred shares.
- No cash proceeds; preferred shares retired and cancelled.
- Exemption relied on Section 3(a)(9) of Securities Act; no commission paid.
- Exchange ratio: 220 common shares per 4 Series B and 1 Series D preferred.