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:   2026-08-07T11:48:49+00:00
Accession:  0001527541-26-000260
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000260/0001527541-26-000260-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000260/whlr-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000260

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer