Wheeler REIT issues 2,649,319 common shares in preferred stock exchange deals
WHLR•Wheeler Real Estate Investment Trust agreed to issue 2,649,319 common shares in private exchanges with existing preferred holders from Oct. 6-9, 2026. It received no cash; the exchanged preferred shares were retired and cancelled.
1. Preferred stock exchanges
Wheeler Real Estate Investment Trust agreed to issue 2,649,319 common shares in private exchanges with existing preferred holders from Oct. 6-9, 2026. The shares were exchanged for 141,952 shares of Series B Preferred Stock and 17,233 shares of Series D Cumulative Convertible Preferred Stock. The company received no cash proceeds, and the exchanged preferred shares were retired and cancelled.
