Generation Income Properties, Inc. Announces

Conclusion of Review of Strategic Alternatives

and Dissolution of Special Committee

 

TAMPA, FL / ACCESS Newswire / March 24, 2026 / Generation Income Properties, Inc. (NASDAQ:GIPR) (the "Company") today announced that the special committee of independent directors (the "Special Committee") of the Company's board of directors (the "Board") has concluded its review of strategic alternatives for the Company and made its strategic recommendation to the Board.

 

The Company announced in May 2025 that it had formed the Special Committee to identify and consider a range of strategic alternatives, including a potential sale, merger, financing or other transaction. The Special Committee retained Cantor Fitzgerald & Co. as its financial advisor and Vinson & Elkins L.L.P. as its legal advisor. Since May 2025, the Special Committee, with the assistance of its advisors, conducted a broad and comprehensive process actively pursuing value maximizing transactions. After evaluating a full range of strategic alternatives, the Special Committee has unanimously determined, in light of the alternatives available, including non-binding indications of interest received for the sale of the Company, that continuing to operate as an independent, public company and strategically managing the Company's portfolio to address near-term debt and preferred equity maturities is in the best interests of the Company and its stockholders at this time.

 

The Board accepted the Special Committee's recommendation and will pursue this course of actionwhile continuing to consider any inbound indications of interest with respect to a potential transaction that it may receive in the future. The Board may elect to resume its review of strategic alternatives or respond to subsequent opportunities created by the strategic alternatives process in the future. In connection with the conclusion of the Special Committee's review of strategic alternatives, the Board dissolved the Special Committee. Pursuant to the terms of its engagement letter, Cantor Fitzgerald & Co. will continue to serve as financial advisor.