Wheeler Real Estate Investment Trust Announces Redemption of Series D Preferred Stock and Conversion Price Adjustment for 7.00% Convertible Notes
Reuters
Nov 06
<a href="https://laohu8.com/S/WHLR">Wheeler Real Estate Investment Trust</a> Announces Redemption of Series D Preferred Stock and Conversion Price Adjustment for 7.00% Convertible Notes
Wheeler Real Estate Investment Trust Inc. has announced the results of its latest Series D Cumulative Convertible Preferred Stock redemption. On November 5, 2025, the company processed five redemption requests, redeeming a total of 11,425 shares of Series D Preferred Stock at a redemption price of approximately $42.34 per share, which includes the principal and all accrued but unpaid dividends up to the redemption date. The aggregate redemption price was settled through the issuance of 152,703 shares of common stock. To date, Wheeler has redeemed 1,746,481 shares of Series D Preferred Stock, with approximately 575,000 shares of common stock issued in aggregate for these redemptions. The next round of redemptions is scheduled for December 5, 2025.
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