Generation Income Properties prices $5.0 million public offering

Generation Income Properties, Inc. (NASDAQ: GIPR) announced the pricing of a public offering of 23,825,000 shares of common stock and accompanying warrants at $0.21 per share and warrant.

The warrants will have an exercise price of $0.21 per share, become exercisable immediately upon issuance and expire five years from the original issuance date. The warrant exercise price and underlying shares are subject to adjustments for share splits or combinations.

The offering is expected to close on or about June 1, 2026, subject to customary closing conditions. Gross proceeds before placement agent fees and other offering expenses are expected to be approximately $5.0 million.

Maxim Group LLC is serving as sole placement agent for the offering. The securities are being offered under a registration statement on Form S-11 that was declared effective by the Securities and Exchange Commission on May 28, 2026.

Generation Income Properties is a Tampa, Florida-based real estate investment trust that acquires retail, office and industrial net lease properties in densely populated submarkets.

You May Also Be Interested In

• Chemours reaches $450M settlement over PFAS pollution at four sites
• MapLight Therapeutics adds two directors to its board
• CalciMedica raises up to $49M in private placement for PH program