Wheeler Real Estate Investment Trust, Inc. issued 136,516 shares of common stock in unregistered exchanges for preferred stock from unaffiliated holders between April 20 and May 4, 2026, with no cash proceeds received.
Key takeaways
Issued 25,000 common shares on April 20, 2026, for 1,000 Series D and 2,000 Series B preferred shares.
Issued 13,000 common shares on April 24, 2026, for 500 Series D and 1,000 Series B preferred shares.
Issued 33,516 common shares on May 1, 2026, to two investors for 1,197 Series D and 2,394 Series B preferred shares.
Issued 65,000 common shares on May 4, 2026, for 2,500 Series D and 5,000 Series B preferred shares.
All exchanged preferred shares retired and cancelled; no cash proceeds received.
Relied on Section 3(a)(9) exemption under Securities Act for issuances to existing holders.