Generation Income Properties redeems $4.2M preferred stock obligation

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Go back to Generation Income Properties redeems $4.2M preferred stock obligation

Generation Income Properties Announces Completion of Preferred Stock Redemption and Provides Update to Shareholders

September 25, 2026 9:16 AM EDT

TAMPA, FL / ACCESS Newswire / September 25, 2026 / Generation Income Properties, Inc. (Nasdaq: GIPR) (the "Company" or "GIPR") today issued the following letter from David Sobelman, Chief Executive Officer, to the Company's shareholders:

Letter to Shareholders

September 25, 2026

Dear Fellow Shareholders,

Over the last several months, I have consistently communicated that our primary objectives were to simplify our balance sheet, reduce liabilities, improve stockholders' equity, and better position Generation Income Properties for future growth.

Today, I am... More