Wheeler Real Estate Investment Trust, Inc. (WHLR) Form 424B3 — Aug 21, 2026
Wheeler Real Estate Investment Trust (WHLR) filed Prospectus Supplement No. 11 to its July 2, 2026 prospectus (covering up to 100,090,365 common shares), attaching an 8-K that discloses two agreements signed August 17, 2026 with the Stilwell holder group — Stilwell Activist Investments, Stilwell Activist Fund, Stilwell Value Partners VII, and Stilwell Associates. Under the Third Amendment to the Letter Agreement, the Stilwell holders extended to December 7, 2028 (from December 7, 2026) their commitment not to convert their 7.00% Subordinated Convertible Notes due 2031 to the extent conversion would make them beneficial owners of 50% or more of Wheeler's voting power.
Key figures
- Notes coupon
- 7.00%
- Notes maturity
- 2031
- S11 filing deadline days
- 60
- Prospectus shares covered
- 100090365
- S11 effectiveness deadline
- 90 days after filing if SEC review, or 10 trading days after no-review notice
- Letter agreement original date
- 2023-12-05
- Letter agreement new expiration
- 2028-12-07
- Letter agreement prior expiration
- 2026-12-07
- Standstill voting power threshold
- 50%
- Series b preferred shares registered
- 710466
AI analysis
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