Wheeler Real Estate Investment Trust, Inc. Announces Extension of Modified Dutch Auction Tender Offer

Press release content from News Direct Corporation. The AP news staff was not involved in its creation.

–News Direct–

Wheeler Real Estate Investment Trust, Inc. (the “Company” or “Wheeler”) (NASDAQ: WHLR) announced today it is extending its previously announced “Modified Dutch Auction” tender offer for its outstanding Series D Cumulative Convertible Preferred Stock (“Series D Shares”) to 11:59 P.M., Eastern Standard Time, on Tuesday, February 16, 2021 and is increasing the value of Series D Shares purchased from $19 million to $20 million.

Except as set forth herein, the complete terms and conditions of the tender offer remain the same as set forth in the Offer to Purchase dated December 23, 2020, and the related Letter of Transmittal.

As of 11:59 pm on January 25, 2021, the original expiration date for the tender offer, 1,522,755 Series D Shares had been validly tendered.

The Information Agent for the tender offer is Equiniti (US) Services LLC, and the Depositary is Computershare Trust Company, N.A.

Copies of the Offer to Purchase and the related Letter of Transmittal have previously been mailed to holders of the Company’s Series D Shares. Additional copies of the Offer to Purchase, the related Letter

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