<a href="https://laohu8.com/S/WHLR">Wheeler Real Estate Investment Trust</a> Announces Latest Series D Preferred Stock Redemptions and Adjusted Convertible Notes Conversion Price
Wheeler Real Estate Investment Trust Inc. has announced recent updates regarding its 7.00% Subordinated Convertible Notes due 2031 and Series D Cumulative Convertible Preferred Stock. As of October 2025, the company has processed 389 redemption requests, resulting in the redemption of 1,735,056 shares of Series D Preferred Stock and the issuance of approximately 422,000 shares of common stock to settle these conversions. Following the latest round of conversions, the conversion price for the company's 7.00% Subordinated Convertible Notes has been adjusted to approximately $3.59 per share of common stock, reflecting a 45% discount to the lowest recent Series D Preferred Stock conversion price of $6.52. The next round of preferred share redemptions is scheduled for November 5, 2025, with a submission deadline of October 25, 2025. As of October 6, 2025, the company reported having 1,172,937 shares of common stock and 1,612,869 shares of Series D Preferred Stock outstanding.
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: 0001527541-25-000246), on October 07, 2025, and is solely responsible for the information contained therein.
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