Generation Income Properties lowers stockholder meeting quorum requirement to one-third

Generation Income Properties, Inc. has reduced the attendance threshold required to conduct business at its stockholder meetings, a move that alters the baseline for shareholder engagement. The company's Board of Directors approved and adopted Amended and Restated Bylaws on October 8, 2026, specifically to amend the quorum requirement. Under the new rules, a quorum now consists of the presence in person or by proxy of stockholders entitled to cast one-third of all votes entitled to be cast on any matter at a meeting. This change modifies Section 2.06 of the prior Bylaws, which previously governed these proceedings. The filing indicates that no other changes were made to the prior Bylaws by this amendment.

The Amended and Restated Bylaws are effective as of their adoption date and will apply to any meeting for which notice is given following that effective date. The company filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission on October 9, 2026, to disclose this corporate governance update. The report was signed by Ron Cook, the Principal Finance and Accounting Officer for Generation Income Properties, Inc.

The company is incorporated in Maryland and maintains its principal executive offices at 401 East Jackson Street, Suite 3300, Tampa, Florida. Its common stock, with a par value of $0.01 per share, trades on The Nasdaq Stock Market LLC under the ticker symbol GIPR. In the filing, Generation Income Properties identified itself as an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. The company indicated that it had not elected to use the extended transition period available under Section 13(a) of the Exchange Act for complying with new or revised financial accounting standards.

The full text of the Amended and Restated Bylaws is attached to the Form 8-K as Exhibit 3.1 and is incorporated by reference into the report. The filing also includes a cover page interactive data file embedded within the Inline XBRL document as Exhibit 104. The board's decision to lower the quorum to one-third of voting power stands as a distinct procedural adjustment, with the document explicitly stating that no other bylaw provisions were altered.