Wheeler Real Estate Investment Trust (WHLR) 8-K Wheeler Real Estate Investment Trust, Inc. Announces First Quarter 2022 Financial and Operating Results

Exhibit 99.1

WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES

FIRST QUARTER 2022 FINANCIAL AND OPERATING RESULTS

Virginia Beach, VA – May 11, 2022 – Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) announced today that it has reported its financial and operating results for the three months ended March 31, 2022 on Form 10-Q. In addition, the Company has posted to its website supplemental information regarding WHLR's financial and operating results for the three months ended March 31, 2022. Both the Form 10-Q and the supplemental information can be accessed by visiting the Investor Relations page at https://ir.whlr.us/.

Contact

Investor Relations (757) 627-9088

Email: investorrelations@whlr.us

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 trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. For more information on the Company, please visit www.whlr.us.