Wheeler Real Estate Investment Trust Inc. has processed 398 redemption requests, resulting in the redemption of 1,759,881 shares of its Series D Cumulative Convertible Preferred Stock. The company issued approximately 459,000 shares of its common stock to settle these redemptions. As of January 6, 2026, Wheeler Real Estate Investment Trust Inc. reported 1,909,573 shares of common stock and 1,577,848 shares of Series D Preferred Stock outstanding. The next monthly round of Series D Preferred Stock redemptions is scheduled for February 5, 2026, with a submission deadline of January 25, 2026. For the most recent redemptions, the lowest conversion price of Series D Preferred Stock into common stock was approximately $2.11 per share, prompting an adjustment to the conversion price of the company’s 7.00% Subordinated Convertible Notes due 2031 to roughly $1.16 per share of common stock.

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: 0001527541-26-000004), on January 06, 2026, and is solely responsible for the information contained therein.