Wheeler REIT issues 2,649,319 common shares in preferred stock exchange deals
Bitget2026/10/13 20:07- Wheeler Real Estate Investment Trust agreed to issue 2,649,319 common shares in private exchanges with existing preferred holders on Oct. 6-9, 2026.
- Shares were issued for 141,952 shares of Series B Preferred Stock and 17,233 shares of Series D Cumulative Convertible Preferred Stock.
- No cash proceeds received; exchanged preferred shares were retired and cancelled.
- Issuances relied on the Securities Act Section 3(a)(9) exemption for exchanges with existing securityholders.
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