-
Rodri joins La Liga champions Barcelona from Manchester City
-
France's first women's rights minister Yvette Roudy dies, aged 97
-
Disney, ABC sue US regulator over threat to broadcast licenses
-
French producer Nicolas Altmayer, Dior PR chief Favier die in car crash
-
Trump, Carney hold talks as new US tariffs on Canada loom
-
Bezos consortium bought nearly 40 percent of Liverpool: report
-
Germany opens new drone research centre as security threats mount
-
Trump says no Iran talks planned, claims Hormuz 'new US territory'
-
How only a few tree species drive Amazon forest recovery
-
Canada seeks to avert new US tariffs as deadline looms
-
Ivonne A-Baki enters race to be next UN chief
-
US primaries test Democrat comeback hopes in Trump stronghold
-
Ukraine says Russian strike kills 10 in northeast region
-
Scientists discover how narwhals grow nature's only straight tusk
-
Meta in court over child social media addiction
-
DR Congo Ebola outbreak 'far from being under control': WHO chief
-
Vieira appointed Senegal head coach after World Cup disappointment
-
Firefighters in 'decisive' push to encircle Belgian wildfire
-
F1's Albon re-signs with Williams for 2027
-
Tribal Partners with ServiceNow to Empower Enterprise Teams to Build and Deploy Apps & Agents
-
Borderless.xyz Deepens Africa Coverage as CrissCross Goes Live on Its Network
-
Fusion Markets Extends Negative Balance Protection to Clients Globally
-
Pakistan court orders ex-PM Khan moved from jail to hospital
-
India close on victory in first Test against Sri Lanka
-
'Lonely place': Black UK academics slam racism after Arday's death
-
Three lightly injured as new quake hits Spain's Granada
-
UK PM says not embarrassed by hoax messages with fake Trump aide
-
Syria, US say Israel struck military air base in Idlib province
-
West Bank siege exposes Israel army inaction on settler violence
-
France probes Russian disinfo campaign against centrist candidates
-
Four-time champion Roglic to ride Vuelta after training crash
-
Stocks mostly drop as Mideast hopes dim, interest rates rise
-
Ukrainian convicted in Germany over Russian sabotage plot
-
Bayern's Musiala returns to training after on-field collapse
-
Beleaguered FIFA chief Infantino rids himself of critic Lamour
-
China's Baidu, betting on AI, posts fifth straight quarterly revenue drop
-
Kane confirms Bayern extension talks set to start
-
German farmers warn of drought toll on grain harvest
-
Asian allies stress 'critical' US cooperation as Trump slashes Korea drills
-
Pant fastest to 100 sixes as India set Sri Lanka 372 to win first Test
-
Pakistan Supreme Court orders ex-PM Khan moved from jail to hospital
-
Russia rebukes Japan ambassador over disputed islands row
-
Firefighters push to 'encircle' Belgian wildfire
-
Crude extends gains, most stocks drop as Mideast hopes dim
-
ISS to host first spacewalk by Frenchwoman
-
Rift deepens as Asia football chief hits back at Qatar in Infantino saga
-
Philippine student killed in livestreamed school shooting
-
India extend lead to 294 in first Sri Lanka Test
-
More Trump-Kim 'love'? What we know about North Korea
-
Asian allies stress 'critical cooperation' as Trump slashes Korea drills
Generation Income Properties, Inc. Announces Pricing of $5.0 Million Public Offering
TAMPA, FL / ACCESS Newswire / May 28, 2026 / Generation Income Properties, Inc. (NASDAQ:GIPR) (the "Company"), today announced the pricing of its best-efforts public offering of 23,825,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 23,825,000 shares of common stock, at a combined public offering price of $0.21 per share and accompanying warrant. The warrants will have an exercise price of $0.21 per share, will be exercisable immediately upon issuance and will expire on the fifth anniversary of the original issuance date. The warrant exercise price and the number of shares underlying the warrants are subject to certain adjustments in connection with share splits or share combinations, among other customary adjustments.
The closing of the offering is expected to occur on or about June 1, 2026, subject to the satisfaction of customary closing conditions. Gross proceeds, before deducting placement agent fees and other estimated offering expenses, are expected to be approximately $5.0 million.
Maxim Group LLC is acting as sole placement agent in connection with this offering.
The securities described above are being offered pursuant to a registration statement on Form S-11 (File No. 333-296210) (the "Registration Statement"), which was declared effective by the Securities and Exchange Commission (the "SEC") on May 28, 2026. The offering is being made only by means of a prospectus which is a part of the effective Registration Statement. A preliminary prospectus relating to the offering has been filed with the SEC. Copies of the final prospectus relating to this offering, when available, will be filed with the SEC and may be obtained from the SEC's website at http://www.sec.gov or Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, at (212) 895-3745.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Generation Income Properties
Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as "aim," "anticipate," "assume," "believe," "contemplate," "continue," "could," "design," "due," "estimate," "expect," "goal," "intend," "may," "objective," "plan," "positioned," "potential," "predict," "proposed," "seek," "should," "suggest," "target," "on track," "will," "would" and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology. All statements other than statements of historical facts contained in this press release are forward-looking statements. These forward-looking statements include, but are not limited to, statements about the satisfaction of customary closing conditions related to the above-described offering. These and other risks are described in greater detail under the section titled "Risk Factors" contained in the prospectus included in the Company's Registration Statement on S-11 relating to the above-described offering, the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and the Company's other filings with the SEC. Any forward-looking statements that the Company makes in this press release are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, and speak only as of the date of this press release. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts
Investor Relations
[email protected]
SOURCE: Generation Income Properties, Inc.
View the original press release on ACCESS Newswire
W.Nelson--AT