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:   2026-08-21T20:11:02+00:00
Accession:  0001527541-26-000314
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wheeler Real Estate 1-for-4 reverse stock split effective Aug 26, 2026
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- 1-for-4 reverse stock split effective 5:00 p.m. ET Aug 26, 2026; par value lowered to $0.01 per share.
- Shares outstanding to drop from 3,088,204 to ~772,051; new CUSIP 963025739; symbol WHLR unchanged.
- Convertible note conversion rate cut from ~62.52 to ~15.63 shares per $25 principal (7.00% notes due 2031).
- Series B and Series D preferred conversion prices rise proportionally to $290.304B and $123.088896B per share.
- Fractional shares paid in cash based on Aug 26 closing price; no change to authorized share count.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000314/0001527541-26-000314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000314/whlr-20260821.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000314

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