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

About this update from Wheeler Real Estate Investment Trust, Inc.

[{"type":"text","content":"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.The expiration date of the Exchange Offer and Consent Solicitation has been extended from 11:59 p.m., New York City time, on December 22, 2022, to 11:59 p.m., New York City time, on January 6, 2023, to allow additional time for the holders of Series D Preferred Stock to tender their shares of Series D Preferred Stock in the Exchange Offer.The Company has been informed by the Exchange Agent, Computershare Inc., that as of 11:59 p.m., New York City time, on December 22, 2022, 713,863 shares of Series D Preferred Stock (representing 22.14% of the total outstanding Series D Preferred Stock) had been validly tendered (and not validly withdrawn) in the Exchange Offer.The complete terms and conditions of the Exchange Offer and Consent Solicitation are set forth in the Prospectus/Consent Solicitation filed with the Securities and Exchange Commission (the \"SEC\") on November 22, 2022 (as supplemented or amended, the \"Prospectus/Consent Solicitation\"). You may obtain free copies of the Prospectus/Consent Solicitation and all other documents containing important information about the Company and the Exchange Offer and Consent Solicitation through the SEC's website at www.sec.gov or by contacting the Information Agent, Kingsdale Advisors, at 1-866-228-8614 (North America) or 416-867-2272 (outside North America) (toll-free). You will not be charged for any of these documents that you request.No Offer or SolicitationThis communication is not intended and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction or where such sa...

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