---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-316965"
form_type: "8-K"
ticker: "GIPR"
cik: "0001651721"
company_name: "GENERATION INCOME PROPERTIES, INC."
filed_at: "2026-07-27T12:30:17+00:00"
generated_at: "2026-07-27T12:35:29.453669+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Generation Income Properties converts $120K debt into 162,163 shares at $0.74/share

## Summary
- Converted $120,000 of outstanding debt under a $610,000 promissory note into 162,163 common shares.
- Conversion price of $0.74 per share based on Nasdaq closing price on July 23, 2026.
- Debt conversion, combined with prior preferred equity amendment, brings stockholders' equity above $5M.
- Company notes Nasdaq will monitor compliance; delisting risk remains if not sustained.
- Shares issued to David E. Sobelman Revocable Trust in a private placement under Section 4(a)(2).

## SEC filing metadata
- accession: 0001193125-26-316965
- form_type: 8-K
- ticker: GIPR
- cik: 0001651721
- company_name: GENERATION INCOME PROPERTIES, INC.
- filed_at: 2026-07-27T12:30:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651721/000119312526316965/0001193125-26-316965-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651721/000119312526316965/gipr-20260724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-316965
- JSON: https://secwatch.observer/filing/0001193125-26-316965.json
- Plain text: https://secwatch.observer/filing/0001193125-26-316965.txt

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