Wheeler Real Estate Investment Trust Inc. Converts Notes to Shares: Stilwell Activist Investments, Stilwell Activist Fund, and Stilwell Value Partners VII Exchange Notes for Over 536,000 Shares
Wheeler Real Estate Investment Trust Inc. announced the conversion of a total of $1,512,500 in principal amount of its 7.00% Subordinated Convertible Notes due 2031 into common stock by Stilwell Activist Investments, L.P., Stilwell Activist Fund, L.P., and Stilwell Value Partners VII, L.P. On June 11, 2025, Stilwell Activist Investments, L.P. converted $1,143,457 into 405,580 shares; Stilwell Activist Fund, L.P. converted $120,002 into 42,564 shares; and Stilwell Value Partners VII, L.P. converted $249,041 into 88,333 shares. The conversion price for all transactions was $2.819312 per share. The issuances were made under an exemption from registration requirements.
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: 0001527541-25-000153), on June 13, 2025, and is solely responsible for the information contained therein.
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