Wheeler Real Estate Investment Trust Inc. reported that the conversion price on its 7.00% subordinated convertible notes due 2031 was adjusted to about $1.04 per common share, based on recent Series D preferred stock redemptions. The company said the adjustment reflects a conversion benchmark of about $1.88 and results in roughly 24.12 common shares for each $25 of notes converted.
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: 0001527541-26-000060), on March 06, 2026, and is solely responsible for the information contained therein.
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