Wheeler REIT Issues 1.0M Common Shares for Preferred Stock

Wheeler Real Estate Investment Trust, Inc. issued a total of 1,002,374 shares of its common stock between July 29 and August 4, 2026. These shares were exchanged with unaffiliated holders for 52,643 shares of Series B Convertible Preferred Stock and 4,696 shares of Series D Cumulative Convertible Preferred Stock. The company received no cash proceeds from these transactions, and the preferred shares exchanged have been retired and cancelled, with the common stock issued under an exemption from registration.