---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-26-000340"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2026-09-09T12:45:56+00:00"
generated_at: "2026-09-09T12:50:16.278311+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT cuts convertible note conversion price to $0.54; redeems 8,200 Series D shares

## Summary
- Conversion price of 7.00% Subordinated Convertible Notes due 2031 adjusted to ~$0.54/share (from $0.98), a 45% discount, effective after September redemptions.
- September 8, 2026: 8,200 Series D Preferred shares redeemed at ~$41.66/share, settled with 348,896 common shares.
- Cumulative: 442 redemption requests, 1,827,228 Series D shares redeemed; ~473,000 common shares issued (as stated).
- As of Sept 8, 2026: 4,924,701 common shares and 1,726,704 Series D shares outstanding.
- Next redemption deadline Sept 25, 2026; next Holder Redemption Date Oct 5, 2026.

## SEC filing metadata
- accession: 0001527541-26-000340
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2026-09-09T12:45:56+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000340/0001527541-26-000340-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754126000340/whlr-20260908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-26-000340
- JSON: https://secwatch.observer/filing/0001527541-26-000340.json
- Plain text: https://secwatch.observer/filing/0001527541-26-000340.txt

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