Wheeler REIT issues 161,700 common shares to Stilwell funds in preferred stock exchange
WHLR•Wheeler Real Estate Investment Trust agreed to issue 161,700 common shares to Stilwell funds in exchange for 30,800 Series B and 7,700 Series D preferred shares, with no cash proceeds.
1. Preferred shares exchanged
Wheeler Real Estate Investment Trust agreed on Sept. 30, 2026, to issue 161,700 common shares to Stilwell funds in an unregistered exchange. The preferred shares were retired and canceled, and the transaction relied on the Securities Act Section 3(a)(9) exemption for exchanges with existing securityholders.
