Wheeler Real Estate Investment Trust Inc. has announced the unregistered sale of 429,000 shares of its common stock to two unaffiliated investors as part of an exchange for 33,000 shares of its Series D Cumulative Convertible Preferred Stock and 66,000 shares of its Series B Convertible Preferred Stock. The transactions, settled on December 5 and 8, 2025, involved issuing thirteen shares of common stock in exchange for every two shares of Series B Preferred Stock and one share of Series D Preferred Stock. The issuance relied on an exemption from SEC registration requirements under Section 3(a)(9) of the Securities Act.
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: 0001527541-25-000300), on December 08, 2025, and is solely responsible for the information contained therein.