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Wheeler REIT Redeems 1,903 Preferred Shares in Exchange for 74,374 Common Shares

PUBT·11/06/2026 13:17:26
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Wheeler REIT Redeems 1,903 Preferred Shares in Exchange for 74,374 Common Shares
  • Wheeler Real Estate Investment Trust cut conversion price on its 7% Subordinated Convertible Notes due 2031 to approximately $0.59 per share.
  • The adjusted price represents a 45% discount to the approximately $1.07 lowest conversion price for November Series D Preferred Stock redemptions.
  • On November 5, 2026, holders redeemed 1,903 Series D Cumulative Convertible Preferred Stock shares at approximately $41.80 per share, including unpaid dividends.
  • The aggregate redemption price was settled through issuance of 74,374 common shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wheeler Real Estate Investment Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001527541-26-000427), on November 06, 2026, and is solely responsible for the information contained therein.