Wheeler Real Estate Investment Trust Inc. has announced an unregistered sale of equity securities. On December 1, 2025, the company agreed to issue 56,000 shares of its common stock to an unaffiliated investor in exchange for 4,000 shares of its Series D Cumulative Convertible Preferred Stock and 8,000 shares of its Series B Convertible Preferred Stock. The transaction did not generate any cash proceeds, and the preferred shares received were retired and cancelled. The issuance was made under an exemption from registration requirements provided by Section 3(a)(9) of the Securities Act of 1933.
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: 0001527541-25-000293), on December 04, 2025, and is solely responsible for the information contained therein.