Generation Income Properties, Inc. entered into amendments to its operating partnership's agreement to eliminate cash redemption rights for Series B-1 and Series B-2 Preferred Units and replace them with common stock exchange rights to support permanent equity classification. These changes aim to help the company regain compliance with Nasdaq's $2.5 million stockholders' equity requirement by the August 4, 2026 deadline. Generation Income Properties, Inc. is a real estate investment trust focused on net lease properties in retail, office, and industrial sectors.
