IntrinsicIntrinsic

Dividends & Buybacks ·

Wheeler Real Estate Investment Trust effects one-for-nine reverse stock split of common stock

WHLRWheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. issued common stock to existing security holders in exchange for retired Series B and Series D preferred shares on September 8 and September 23, 2026. The company effected a one-for-nine reverse stock split of its common stock on September 21, 2026. On September 8, the company issued 172 pre-split common shares (approximately 21,022 post-split) to an unaffiliated investor for four Series B and one Series D preferred share. On September 23, it issued 162,244 shares to another investor for 41,061 Series B shares and 566,670 shares to Stilwell Activist Investments affiliates for 58,120 Series B and 14,530 Series D shares. No cash proceeds were received. The company operates in the real estate investment trust industry.

More from Wheeler Real Estate Investment Trust, Inc.

Explore WHLR