Wheeler Real Estate Investment Trust, Inc. Announces Extension of Exchange Offer and Consent Solicitation

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Dec 23, 2022

VIRGINIA BEACH, VA / ACCESSWIRE / December 23, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced the extension of its previously announced offer to exchange (the "Exchange Offer") any and all outstanding shares of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") for 6.00% Subordinated Notes due 2027, to be newly issued by the Company, and the related solicitation of consents (the "Consent Solicitation") from the holders of Series D Preferred Stock to certain amendments to the Company's charter that will modify the terms of the Series D Preferred Stock.