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:   2026-09-09T12:45:56+00:00
Accession:  0001527541-26-000340
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000340/0001527541-26-000340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527541/000152754126000340/whlr-20260908.htm
  HTML page:      https://secwatch.observer/filing/0001527541-26-000340

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