Wheeler REIT issues 136,516 common shares to retire preferred stock in four exchanges

Filed May 6, 2026 · Period ending May 1, 2026 · ~1 min read

Key Changes

• high

  Wheeler issued 136,516 common shares in exchange for 5,197 Series D and 10,394 Series B preferred shares across four transactions from April 20 to May 4, 2026, with no cash proceeds. The preferred shares were retired and cancelled.

  Item 3.02 verify on EDGAR →
• medium

  Exchange ratios varied from 25 to 28 common shares per unit (2 Series B + 1 Series D preferred), suggesting negotiated pricing. The May 4 transaction was largest at 65,000 common shares for 7,500 preferred shares.

  Item 3.02 verify on EDGAR →
• low

  Common shares were issued under Securities Act Section 3(a)(9) exemption for exchanges with existing holders, requiring no registration. No commissions or solicitation fees were paid.

  Item 3.02 verify on EDGAR →