other material
confidence high
sentiment neutral
materiality 0.50
Wheeler REIT issues ~2.96M common shares to retire preferred stock in exchanges
Wheeler Real Estate Investment Trust, Inc.
- Aug 28: issued 2,392,520 common shares to six unaffiliated holders for 211,393 Series B and 21,918 Series D preferred shares.
- Sep 1: issued 569,627 common shares to two holders for 22,279 Series B and 5,000 Series D preferred shares.
- No cash proceeds; all exchanged preferred shares retired and cancelled.
- Exempt under Section 3(a)(9) of Securities Act; no commissions or remuneration paid.