Welcome to our dedicated page for Wheeler Real Estate Invt Tr news (Ticker: WHLR), a resource for investors and traders seeking the latest updates and insights on Wheeler Real Estate Invt Tr stock.
Wheeler Real Estate Investment Trust, Inc. (WHLR) is a self-managed commercial REIT specializing in grocery-anchored retail properties across strategic U.S. markets. This page provides investors with essential updates on corporate developments, financial disclosures, and portfolio management activities.
Access consolidated news about WHLR's leasing agreements, property acquisitions, and operational strategies. The resource serves investors seeking to monitor the company's performance in key regions like the mid-Atlantic and Southeast, where its income-producing assets demonstrate market resilience.
Find official press releases covering quarterly earnings, tenant announcements, and capital management decisions. All content is curated to support informed analysis of WHLR's position in the competitive retail real estate sector.
Bookmark this page for streamlined tracking of WHLR's progress in maintaining its portfolio of essential service-oriented retail centers. Check regularly for verified updates directly impacting investment research and market evaluation.
Wheeler Real Estate Investment Trust (WHLR) announced its financial results for the year ended December 31, 2022, highlighting key metrics in its Form 10-K. The Company focuses on owning and operating income-producing retail properties, particularly grocery-anchored centers. The full financial results and supplemental information are available on WHLR's Investor Relations page. Investors can access these details to evaluate the Company’s performance over the past year.
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) announced the expiration of its Exchange Offer for the Series D Cumulative Convertible Preferred Stock on January 20, 2023. Despite attempts to amend the charter terms, only 864,391 shares (26.8% of total outstanding shares) were tendered. This fell short of the required 66.67% for the amendments to proceed, meaning the Series D Preferred Stock will remain unchanged. No shares will be exchanged for the subordinate convertible notes, and the company will incur no broker fees as the offer was not completed. Shares tendered will be returned without any payments made.
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) announced revisions to its exchange offer for Series D Cumulative Convertible Preferred Stock. The company now offers 0.5 shares of common stock plus $16.00 in Exchange Notes for each validly tendered share. The Exchange Notes are convertible into common stock at a price of $12.50 per share. Wheeler aims to exchange up to 2,112,103 shares, representing 67% of outstanding Series D stock. The offer expires on January 20, 2023. A soliciting broker fee of $0.10 per share will be paid if the exchange is completed.
Wheeler Real Estate Investment Trust (NASDAQ:WHLR) has extended its Exchange Offer for the Series D Cumulative Convertible Preferred Stock until January 6, 2023. As of December 22, 2022, 713,863 shares (22.14% of total outstanding) were tendered in the offer. This extension aims to provide additional time for preferred shareholders to participate in the exchange for 6.00% Subordinated Notes maturing in 2027. Detailed terms are available in the Prospectus filed with the SEC, and no offer is made until proper registration is complete.
