Wheeler Real Estate Investment Trust, Inc. (WHLR) Form 424B3 — Sep 9, 2026
Prospectus Supplement No. 15, filed September 9, 2026, updates Wheeler REIT's July 2, 2026 prospectus — which covers up to 100,090,365 shares of common stock — with an 8-K reporting the 36th consecutive monthly Series D preferred redemption round. In September, eight holders redeemed 8,200 Series D shares at approximately $41.66 per share ($25.00 face plus accrued unpaid dividends), and the company settled entirely in stock by issuing 348,896 common shares, expanding the common share count by roughly 7%. Cumulatively, the redemption program has processed 442 requests covering 1,827,228 Series D preferred shares, settled with approximately 473,000 common shares issued.
Key figures
- Shares Outstanding
- 4,924,701 common shares and 1,726,704 Series D Preferred shares as of September 8, 2026
- Redemption round
- 36th monthly Holder Redemption Date
- Notes conversion rate
- approximately 46.43 shares per $25.00 of principal
- Next redemption deadline
- September 25, 2026
- Prospectus shares covered
- up to 100,090,365 common shares
- Ten day vwap common stock
- approximately $0.98
- Next holder redemption date
- October 5, 2026
- Cumulative redemption requests
- 442
- Notes conversion price adjusted
- approximately $0.54 per common share
- Conversion price discount to vwap
- 45%
- Series d shares redeemed september
- 8200
- Cumulative series d shares redeemed
- 1827228
- Series d redemption price per share
- approximately $41.66 ($25.00 plus accrued unpaid dividends)
- Common shares issued september settlement
- 348896
- Cumulative common shares issued settlement
- approximately 473,000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.