On September 5, 2025, Wheeler Real Estate Investment Trust, Inc. adjusted the conversion price for its 7.00% Subordinated Convertible Notes to approximately $0.98 due to recent redemptions of Series D Preferred Stock at $1.78 per share. The company redeemed 11,551 shares of Series D Preferred Stock, paying approximately $41.74 per share, settling with 270,184 shares of Common Stock.