Wheeler REIT Launches Up to $25M 0% Promissory Notes With Stock-Based Amortization
Wheeler REIT (WHLR) plans to issue up to $25M in 0% promissory notes, amortized via common stock or cash under certain conditions. The company also secured registration rights for the amortization stock. The moves aim to boost liquidity, with closings contingent on stockholder approval for larger issuances.
