Recent Updates — WHLRP

Wheeler Real Estate Investment Trust filed two Articles of Amendment to its Maryland charter to implement a one-for-six reverse stock split of its common stock, effective at 5:00 p.m. Eastern Time on October 29, 2026. The company will decrease the par value of its common stock from $0.06 to $0.01 per share concurrently with the split. Fractional shares resulting from the transaction will be cancelled in exchange for cash payments based on the closing price on the effective date. Post-split, outstanding common shares are expected to decline from approximately 5.87 million to roughly 978,675. The filing also details proportional adjustments to the conversion rates of its convertible notes and preferred stock. Wheeler Real Estate Investment Trust operates in the real estate investment trust sector.

Wheeler Real Estate Investment Trust, Inc. appointed Jason F. Simone as its new Chief Financial Officer, effective August 10, 2026. Mr. Simone, age 48, previously served as the Company’s Director of Corporate Finance since 2022 and held prior roles at Cedar Realty Trust, Inc., now a wholly-owned subsidiary. No new compensatory arrangements were established in connection with this appointment. The company operates in the real estate investment trust industry, focusing on acquiring and managing commercial real estate assets.

Wheeler Real Estate Investment Trust, Inc. filed Articles of Amendment to its charter to implement a one-for-five reverse stock split of its common stock, effective July 27, 2026. The split will reduce the outstanding shares of common stock from 4,646,083 to approximately 929,217. The split will also proportionally adjust the conversion rates for the company's 7.00% subordinated convertible notes due 2031, Series B and Series D convertible preferred stock. Wheeler Real Estate Investment Trust, Inc. is a real estate investment trust (REIT) that manages and owns property assets.