Wheeler REIT executes 1-for-5 reverse stock split, reducing shares to ~929K from 4.6M

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  1-for-5 reverse stock split effective July 27, 2026 at 5:00 p.m. ET, reducing outstanding common shares from 4,646,083 to approximately 929,217 shares (80% reduction in share count).

  Item 5.03 — Amendments to Articles of Incorporation or Bylaws verify on EDGAR →
• high

  Par value reduced from $0.05 to $0.01 per share effective July 27 at 5:01 p.m. ET; stockholders receive cash for fractional shares based on July 27 closing price.

  Item 5.03 — Amendments to Articles of Incorporation or Bylaws verify on EDGAR →
• medium

  Convertible notes conversion rate adjusted from 37.33 to 7.47 shares per $25 principal to maintain economic value post-split, per indenture anti-dilution provisions.

  Item 5.03 — Amendments to Articles of Incorporation or Bylaws verify on EDGAR →