Wheeler REIT issues 352,000 shares in unregistered preferred stock exchange
Reuters2026/07/20 20:06By:Reuters
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- Wheeler Real Estate Investment Trust agreed on July 14, 2026 to issue 352,000 common shares in an unregistered exchange.
- Shares issued to an unaffiliated securityholder for 6,400 shares of Series B Convertible Preferred Stock, 1,600 shares of Series D Cumulative Convertible Preferred Stock.
- No cash proceeds; the preferred shares surrendered in the exchange were retired and cancelled.
- Issuance relied on the Securities Act Section 3(a)(9) exemption for exchanges with existing securityholders.
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: 0001527541-26-000223), on July 20, 2026, and is solely responsible for the information contained therein.
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