Wheeler REIT issues 1.26 million common shares in preferred stock exchanges
WHLR•Preferred stock exchanges
Wheeler Real Estate Investment Trust agreed to issue 1,263,345 common shares in exchanges for Series B preferred and Series D cumulative convertible preferred shares.
The deals were struck July 7, July 9, and July 10, 2026 with unaffiliated holders; the preferred shares exchanged were retired.
No cash proceeds were received; the company relied on the Securities Act Section 3(a)(9) exemption for the unregistered issuance.
