GIPR issues Series B-1 Preferred Units for 155,185 common units; extends partner redemption to 2027

GENERATION INCOME PROPERTIES, INC.

Issued 155,185 Series B-1 Preferred Units to LMB Owenton I LLC in exchange for an equal number of common units, with quarterly cash distribution of $0.117 per unit.
Preferred units redeemable after 2 years at $7.15 per unit or 1-for-1 common stock, plus accrued dividends; issuance exempt under Section 4(a)(2)/Reg D.
Amended LLC agreements for two Norfolk, VA properties (2510 Walmer Ave and 130 Corporate Blvd) to extend redemption date for Brown Family Enterprises from Feb 2025 to Feb 2027.

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