On March 24, 2026, Wheeler Real Estate Investment Trust, Inc. (the "Company") announced the full exercise of common stock purchase warrants previously issued to certain affiliates of Magnetar Financial LLC. The amended and restated warrants (the "A&R Warrants"), which were initially disclosed on February 19, 2026, allow for the purchase of shares representing 12% of the Company's common stock at an exercise price of $0.01 per share. The A&R Warrants were exercised in full, resulting in the issuance of a total of 172,075 shares of common stock to the investors. This transaction is expected to enhance the liquidity position of the Company, as the shares issued are registered under the Company's registration statement on Form S-11, which was declared effective on March 20, 2026. The exercise of these warrants eliminates any outstanding warrants in the Company's capital structure, potentially simplifying future financing activities. The Company continues to focus on its operational execution and strategic outlook in the real estate investment sector, aiming to leverage this capital to enhance its portfolio and drive growth.
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