Wheeler Real Estate Investment Trust Enacts One-for-Two Reverse Stock Split

Reuters
2025.11.25 21:01
portai
I'm PortAI, I can summarize articles.

Wheeler Real Estate Investment Trust Enacts One-for-Two Reverse Stock Split

Wheeler Real Estate Investment Trust Inc. has announced amendments to its bylaws, including a one-for-two reverse stock split of its common stock effective November 28, 2025, and a reduction of the par value of its common stock from $0.02 to $0.01 per share. No fractional shares will be issued; instead, cash payments will be made for fractional interests. The company will also adjust the conversion rate on its 7.00% subordinated convertible notes due 2031 to reflect the stock split. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wheeler Real Estate Investment Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001527541-25-000285), on November 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here