GENERATION INCOME PROPERTIES, INC. 8-K

What Happened

• Generation Income Properties, Inc. (GIPR) announced completion of a 1-for-10 reverse stock split of its common stock, effective 5:00 p.m. ET on July 9, 2026. The split automatically converted every ten shares into one share and reduced shares outstanding from 10,304,015 to approximately 1,030,402. The company filed Articles of Amendment with the State of Maryland (effective July 9, 2026) to implement the split. Trading will reflect the split-adjusted share count on the Nasdaq Capital Market at market open on July 10, 2026 under a new CUSIP (37149D402); the trading symbol remains unchanged.

Key Details

• Reverse split ratio: 1-for-10; effective time: 5:00 p.m. ET, July 9, 2026.
• Shares outstanding: reduced from 10,304,015 to ~1,030,402; total authorized common shares unchanged.
• No action required by holders; brokerage accounts were automatically adjusted and fractional shares will be rounded up to the next whole share (no fractional shares issued).
• Outstanding warrants and similar securities adjusted proportionally: each public warrant now exercisable for 0.10 shares and the warrant exercise price was increased on a 10:1 basis from $10.00 to $100.00 per share.

Why It Matters

• The reverse split increases the per-share price and reduces the number of shares outstanding, which can affect liquidity, per-share metrics (like earnings per share), and trading behavior. Percentage ownership for shareholders remains effectively the same aside from de minimis rounding changes.
• Warrant holders should note the change in conversion ratio and the tenfold increase in exercise price. Holders should review their brokerage statements and the company’s press release/Amendment for exact post-split holdings and updated warrant terms.