Generation Income Properties, Inc. completed a 1-for-10 reverse stock split on July 9, 2026, reducing the number of outstanding common stock shares from 10,304,015 to approximately 1,030,402. The split also adjusted the exercise price of publicly traded warrants from $10.00 to $100.00 per share. The company is a real estate investment company focused on income-generating properties.

Generation Income Properties, Inc. priced a public offering of 23,825,000 shares of common stock (or pre-funded warrants) and 23,825,000 warrants at a combined price of $0.21 per share and warrant. The company received net proceeds of approximately $4.4 million, which it intends to use for working capital and to redeem a portion of $13 million in preferred equity held in a subsidiary.