Wheeler REIT cuts 2031 convertible notes conversion price to about $0.69 a share

Wheeler Real Estate

Wheeler Real Estate

WHLR

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  • Wheeler Real Estate Investment Trust reset the conversion price on its 7.00% Subordinated Convertible Notes due 2031 to about $0.69 per share.
  • The adjustment followed June Series D preferred redemptions, reflecting a 45% discount to a $1.26 conversion reference price.
  • The June redemptions were settled in equity, issuing 251,090 common shares for 7,700 Series D preferred shares at about $41.07 per share.


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: 0001527541-26-000170), on June 08, 2026, and is solely responsible for the information contained therein.

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