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Wheeler REIT issues 136,516 shares in preferred-for-common exchange deals
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Wheeler REIT issues 136,516 shares in preferred-for-common exchange deals
  • Wheeler Real Estate Investment Trust agreed to issue 136,516 common shares in a series of unregistered exchanges dated April 20, April 24, May 1, and May 4, 2026.
  • Shares were issued to unaffiliated existing holders in exchange for 5,197 shares of Series D Cumulative Convertible Preferred Stock, 10,394 shares of Series B Convertible Preferred Stock.
  • No cash proceeds were received; exchanged preferred shares were retired and cancelled.
  • Exchange ratios ranged from 25 to 28 common shares for each package of two Series B preferred shares and one Series D preferred 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: 0001527541-26-000117), on May 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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