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8-K: Current report

8-K: Current report

8-K:重大事件
美股SEC公告 ·  08/06 08:33
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Wheeler Real Estate Investment Trust Inc. reported an adjustment to the conversion price of its 7.00% Subordinated Convertible Notes due 2031 following the August 5, 2024 redemptions of its Series D Cumulative Convertible Preferred Stock. The conversion price was reduced from approximately $14.29 per share to $4.03 per share of common stock, a 45% discount to the lowest conversion price of Series D Preferred Stock at $7.33. This adjustment was made in accordance with the indenture governing the Notes. On the 11th monthly Holder Redemption Date, the company processed 20 redemption requests, redeeming 124,043 shares of Series D Preferred Stock at a price of approximately $38.85 per share. This resulted in the issuance of 657,671 shares of common stock. Cumulatively, Wheeler has redeemed 1,072,674 shares of Series D Preferred Stock to date, issuing approximately 1.2 million shares of common stock post-reverse stock splits. As of August 6, 2024, the company had 1,224,485 shares of common stock and 2,562,873 shares of Series D Preferred Stock outstanding. The next redemption round is scheduled for September 5, 2024, with the deadline for redemption requests set for August 25, 2024.
Wheeler Real Estate Investment Trust Inc. reported an adjustment to the conversion price of its 7.00% Subordinated Convertible Notes due 2031 following the August 5, 2024 redemptions of its Series D Cumulative Convertible Preferred Stock. The conversion price was reduced from approximately $14.29 per share to $4.03 per share of common stock, a 45% discount to the lowest conversion price of Series D Preferred Stock at $7.33. This adjustment was made in accordance with the indenture governing the Notes. On the 11th monthly Holder Redemption Date, the company processed 20 redemption requests, redeeming 124,043 shares of Series D Preferred Stock at a price of approximately $38.85 per share. This resulted in the issuance of 657,671 shares of common stock. Cumulatively, Wheeler has redeemed 1,072,674 shares of Series D Preferred Stock to date, issuing approximately 1.2 million shares of common stock post-reverse stock splits. As of August 6, 2024, the company had 1,224,485 shares of common stock and 2,562,873 shares of Series D Preferred Stock outstanding. The next redemption round is scheduled for September 5, 2024, with the deadline for redemption requests set for August 25, 2024.
Wheeler房地产投资信托公司报告调整其2031年到期的7%次级可转换票据的转换价格,以反映其D系列累积可转换优先股在2024年8月5日的赎回,转换价格从每股约14.29美元降至每股普通股的4.03美元,相当于D系列优先股最低转换价格7.33美元的折扣率为45%。此次调整符合票据所规定的信托文件。在第11个月份的持有人赎回日期,公司处理了20个赎回请求,以约38.85美元的价格赎回12万4043股D系列优先股。这导致发行了657,671股普通股。累计来看,Wheeler至今已赎回1,072,674股D系列优先股,发行了大约120万股拆股后的普通股。截至2024年8月6日,该公司发行了1,224,485股普通股和2,562,873股D系列优先股。下一轮赎回计划于2024年9月5日进行,赎回请求的截止日期为2024年8月25日。
Wheeler房地产投资信托公司报告调整其2031年到期的7%次级可转换票据的转换价格,以反映其D系列累积可转换优先股在2024年8月5日的赎回,转换价格从每股约14.29美元降至每股普通股的4.03美元,相当于D系列优先股最低转换价格7.33美元的折扣率为45%。此次调整符合票据所规定的信托文件。在第11个月份的持有人赎回日期,公司处理了20个赎回请求,以约38.85美元的价格赎回12万4043股D系列优先股。这导致发行了657,671股普通股。累计来看,Wheeler至今已赎回1,072,674股D系列优先股,发行了大约120万股拆股后的普通股。截至2024年8月6日,该公司发行了1,224,485股普通股和2,562,873股D系列优先股。下一轮赎回计划于2024年9月5日进行,赎回请求的截止日期为2024年8月25日。
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