Financing ·
Wheeler Real Estate Investment Trust, Inc. issued 2,173,167 shares of common stock between June 26 and July 2, 2026…
WHLRDWheeler Real Estate Investment Trust, Inc.
Wheeler Real Estate Investment Trust, Inc. issued 2,173,167 shares of common stock between June 26 and July 2, 2026, to exchange for 173,553 shares of Series B and 11,717 shares of Series D preferred stock. Additionally, the company settled the redemption of 8,200 shares of Series D preferred stock on July 6, 2026, by issuing 275,883 shares of common stock. Due to these redemptions, the conversion price for the company's 7.00% Subordinated Convertible Notes due 2031 was adjusted to approximately $0.67 per share. Wheeler Real Estate Investment Trust is a real estate investment trust that owns and manages commercial real estate properties.