---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-071590"
form_type: "8-K"
ticker: "GIPR"
cik: "0001651721"
company_name: "GENERATION INCOME PROPERTIES, INC."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:20:12.660726+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-071590
- form_type: 8-K
- ticker: GIPR
- cik: 0001651721
- company_name: GENERATION INCOME PROPERTIES, INC.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651721/000119312526071590/0001193125-26-071590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651721/000119312526071590/gipr-20260210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-071590
- JSON: https://secwatch.observer/filing/0001193125-26-071590.json
- Plain text: https://secwatch.observer/filing/0001193125-26-071590.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651721/000119312526071590/0001193125-26-071590-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.