Wheeler Real Estate Investment Trust Inc. announced the unregistered sale of a total of 175,000 shares of its common stock in exchange for preferred stock held by existing security holders. On January 8, 2026, the company issued 56,000 shares of common stock to an unaffiliated investor in exchange for 2,000 shares of Series D Cumulative Convertible Preferred Stock and 4,000 shares of Series B Convertible Preferred Stock. On January 9, 2026, Wheeler issued an additional 119,000 shares of common stock to two unaffiliated investors in exchange for 4,250 shares of Series D Preferred Stock and 8,500 shares of Series B Preferred Stock. No cash proceeds were received in these transactions, and the exchanged preferred shares have been retired and cancelled. The transactions were conducted under the exemption from registration requirements of the Securities Act of 1933, Section 3(a)(9).
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: 0001527541-26-000011), on January 14, 2026, and is solely responsible for the information contained therein.
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