Stockholders approve issuance of common stock on Series A preferred redemption for Nasdaq compliance

GENERATION INCOME PROPERTIES, INC.

Special Meeting held Nov 9, 2023; 1,324,838 shares present (50.58% of outstanding).
Approved Nasdaq Listing Rule 5635 issuance of common stock on potential redemption of Series A Preferred Stock.
Vote: 1,234,979 FOR, 78,002 AGAINST, 11,857 ABSTAIN; no broker non-votes.

Key facts

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

GENERATION INCOME PROPERTIES, INC. shareholders approved Approval, for purposes of complying with Nasdaq Listing Rule 5635, the issuance of shares of the Company's common stock upon a potential redemption of shares of the Company's Series A Redeemable Preferred Stock at the 2023-11-09 meeting.

Outcome: passed
Meeting: 2023-11-09

Exact text from the filing

Proposal 1 – Approval, for purposes of complying with Nasdaq Listing Rule 5635, the issuance of shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), upon a potential redemption of shares of the Company’s Series A Redeemable Preferred Stock, par value $0.01 per share. FOR AGAINST ABSTAIN BROKER NON-VOTE 1,234,979 78,002 11,857 0

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Source: SEC EDGAR

accession 0000950170-23-062087

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