Generation Incom SEC Filings

Generation Income Properties, Inc. is conducting a reasonable best efforts public offering of 1,775,000 shares of common stock at a public offering price of $0.21 per share, each share sold together with a Common Warrant exercisable at $0.21. The offering also includes up to 22,050,000 Pre-Funded Warrants and 23,825,000 Common Warrants, collectively covering 45,875,000 shares underlying the warrants.

The Pre-Funded Warrants are offered to investors whose purchase would otherwise cause them to exceed a 4.99% (or at the investor’s election, 9.99%) ownership limit; each Pre-Funded Warrant is exercisable for one share at an exercise price of $0.0001. Net proceeds are expected to be used for partial redemption of preferred equity and general corporate purposes, with estimated net proceeds of approximately $4,364,642, assuming no warrant exercises.

Generation Income Properties, Inc. is registering up to 13,392,857 shares of common stock, up to 13,392,857 pre-funded warrants and up to 13,392,857 common warrants (together backing up to 26,784,714 shares) in a best-efforts offering at an assumed price of $0.56 per share and accompanying warrant. The offering is expected to terminate on June 15, 2026. Net proceeds (assuming only common shares sold) are estimated at $6,686,619 to be used to redeem a portion of subsidiary preferred equity and for working capital. The prospectus discloses background on the Company’s 24-property portfolio (approximately 467,995 rentable sq ft), portfolio metrics including $7.5 million ABR, a weighted-average remaining lease term of 4.17 years, and significant near-term liquidity and Nasdaq compliance risks, including extensions to August 4, 2026 to regain Nasdaq equity compliance.

Generation Income Properties, Inc. completed the sale of its Starbucks-occupied net lease property in Tampa, Florida for $2,964,000, generating net proceeds of $1,959,170 after customary prorations and adjustments. The asset was held through an indirect wholly owned subsidiary.

The company provided unaudited pro forma condensed consolidated financial statements showing how its balance sheet and results would look as if the sale had occurred earlier. These pro formas remove the sold property’s rental revenue, operating costs, depreciation, and associated mortgage debt, illustrating a slightly smaller asset base with lower interest expense but continuing net losses.

Generation Income Properties, Inc. entered into a new Commercial Business Loan Agreement through two indirect subsidiaries for a term loan of $3,800,000 with Hancock Whitney Bank. The loan proceeds were used to refinance existing mortgage debt on two properties previously financed by Valley National Bank.

The Term Loan bears a fixed interest rate of 5.70% per year, with monthly principal and interest payments of $23,986.17 starting June 1, 2026 and a final payment due May 1, 2031, based on a twenty-five year amortization schedule. It is secured by first priority liens on properties in Sanford, Florida and Cleveland, Tennessee, and includes a required minimum annual debt service coverage ratio of 1.15 to 1.00. The loan may be prepaid without penalty and is fully guaranteed by the company and related subsidiaries.

Generation Income Properties, Inc. filed an amended report to add unaudited pro forma financial statements reflecting the April 17, 2026 sale of a Dollar Tree–occupied, single-tenant property in Morrow, Georgia. The property was sold for $1,458,000, generating net proceeds of $639,152.

The pro forma statements remove the associated real estate, mortgage debt, rental income, property expenses, depreciation, and related interest expense as if the sale had occurred on January 1, 2025 for the income statements and March 31, 2026 for the balance sheet. This slightly reduces revenue and expenses and modestly narrows reported net losses for the periods shown.

GENERATION INCOME PROPERTIES, INC. director Jess Joaquin Johnson filed an initial Form 3 reporting ownership of common stock. The filing shows he directly holds 1,300 shares of Common Stock following the reported holdings, providing a baseline view of his equity position as a director.

GENERATION INCOME PROPERTIES, INC. director Matthew David Stein filed an initial Form 3 ownership report. The filing lists beneficial ownership of 0 shares of Common Stock as of the reported date, and shows no buy, sell, or derivative transactions.

Generation Income Properties, Inc. reports Q1 2026 results with a net loss attributable to common stockholders of $2.1 million, or $0.31 per share, on total revenue of $2.18 million, down from $2.38 million a year earlier.

Operating loss narrowed to $1.24 million as general and administrative, building, depreciation and interest expenses all declined year over year. A $155,851 gain on derivative valuation partially offset a $185,069 loss on the transfer of LLC interests used to satisfy debt.

Operating cash flow was positive at $451,160, but cash and equivalents fell sharply to $289,468 from $6.16 million at year-end, largely due to $6.09 million of distributions on redeemable non-controlling interests and debt service. Total assets were $88.3 million, with total liabilities of $66.5 million and negative stockholders’ equity of $5.6 million.

Management discloses that recurring losses, liquidity needs, and limited current cash raise substantial doubt about the company’s ability to continue as a going concern, and notes plans focused on refinancing, extending preferred equity and loans, and selective asset sales to address short-term liquidity.