---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000260"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-08-07T11:48:49+00:00"
generated_at: "2026-08-07T11:50:17.922217+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT cuts convertible note conversion price to $0.40, 45% discount

## Summary
- 7% Subordinated Convertible Notes due 2031 conversion price adjusted to ~$0.40/share (62.52 shares per $25 principal), a 45% discount to $0.73.
- August 5, 2026: 7,100 Series D Preferred shares redeemed at ~$41.29 each, settled with 403,236 common shares.
- Cumulative Series D redemptions: 1,819,028 shares redeemed; common outstanding 2,434,904, Series D 1,770,859 as of Aug 5, 2026.
- Next redemption deadline Aug 25, 2026; next holder redemption date Sep 8, 2026.

## SEC filing metadata
- accession: 0001527541-26-000260
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-08-07T11:48:49+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000260/0001527541-26-000260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000260/whlr-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000260
- JSON: https://secwatch.observer/filing/0001527541-26-000260.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000260.txt

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