Wheeler Real Estate Investment Trust, Inc. Announces Extension of Exchange Offer for Series A Preferred Stock & Series B Pref...
July 13 2015 - 5:45PM
Business Wire
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)
(“Wheeler” or the “Company”) today announced that it has extended
its previously announced exchange offer (the “Exchange Offer”) to
exchange all of its Series A Preferred Stock, no par value per
share, $1,000 liquidation preference per share and Series B
Convertible Preferred Stock, no par value per share, $25
liquidation preference per share, for an aggregate of up to
20,853,250 issued shares of the Company’s common stock, $0.01 par
value per share.
As a result of the extension, the Exchange Offer is now
scheduled to expire at 11:59 p.m., E.T. on July 20, 2015. All of
the other terms of the Exchange Offer are to remain the same.
As of the date and time of this announcement, approximately 282
shares of Series A Preferred Stock and 836,081 shares of Series B
Convertible Preferred Stock have been tendered in the Exchange
Offer.
This communication does not constitute an offer to buy, a
solicitation of an offer to sell or a solicitation for an offer to
tender, any securities of Wheeler. In connection with the Exchange
Offer, Wheeler has filed with the Securities and Exchange
Commission (the “SEC”) a registration statement on Form S-4, as
amended, which includes a prospectus and a Schedule TO, as amended
(collectively the “Offering Documents”). Investors and security
holders are urged to read the Offering Documents, because they
contain important information about Wheeler and the Exchange Offer.
The Offering Documents relating to the Exchange Offer can be
obtained from the SEC’s website at www.sec.gov.
About Wheeler Real Estate Investment
Trust Inc.
Headquartered in Virginia Beach, VA, Wheeler Real Estate
Investment Trust, Inc. is a fully-integrated, self-managed
commercial real estate investment company focused on acquiring and
managing income-producing retail properties with a primary focus on
grocery-anchored centers. Wheeler’s portfolio contains
well-located, potentially dominant retail properties in secondary
and tertiary markets that generate attractive risk-adjusted
returns, with a particular emphasis on grocery-anchored retail
centers.
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version on businesswire.com: http://www.businesswire.com/news/home/20150713006356/en/
Wheeler Real Estate Investment Trust,
Inc.Robin Hanisch, 757-627-9088Corporate
Secretaryrobin@whlr.usorLaura Nguyen, 757-627-9088Director of
Capital Marketslnguyen@whlr.usorThe Equity
Group Inc.Terry Downs,
212-836-9615Associatetdowns@equityny.comorAdam Prior,
212-836-9606Senior Vice-Presidentaprior@equityny.com
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