GIPR amends $551K convertible note, conversion at 80% of market price, maturity Feb 2027

GENERATION INCOME PROPERTIES, INC.

Original $1M note from Brown Family assigned to Silverback; restated as $551,437 convertible note due Feb 10, 2027 at 9% interest.
Conversion price set at 80% of the average of three lowest trading prices during ten trading days preceding conversion.
Second amendment on Feb 24, 2026 set floor price of $0.10 per share and capped conversion at 19.9% of outstanding shares without stockholder approval.
On Feb 18, 2026, Silverback converted $26,304 into 60,000 shares of common stock.
Note is unregistered; issued under Section 3(a)(9) exchange exemption; no commission paid.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GENERATION INCOME PROPERTIES, INC. amended First Amended Note with Silverback Capital Corporation valued at $551,437 (effective 2026-02-10).

Action: amendment
Agreement: notes offering
Counterparty: Silverback Capital Corporation
Value: $551,437
Effective: 2026-02-10

Exact text from the filing

On February 10, 2026, Generation Income Properties, Inc. (the “Company”) entered into an Amended and Restated Convertible Note (the “First Amended Note”) in the principal amount of $551,437 with Silverback Capital Corporation (the “Noteholder”).

View on SEC.gov

291 material agreements filed in the last 30 days. Browse all material agreements →

GENERATION INCOME PROPERTIES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-071590

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.