Generation Income Properties Files Proxy Statement
Ticker: GIPRW · Form: DEF 14A · Filed: Oct 17, 2024 · CIK: 1651721
| Field | Detail |
|---|---|
| Company | Generation Income Properties, Inc. (GIPRW) |
| Form Type | DEF 14A |
| Filed Date | Oct 17, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.01, $1.7 billion, $2 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, corporate-governance, shareholder-meeting
Related Tickers: GIPR
TL;DR
GIPR proxy filing out - shareholders vote on board & exec pay soon.
AI Summary
Generation Income Properties, Inc. filed a definitive proxy statement (DEF 14A) on October 17, 2024. This filing is related to the company's annual meeting and likely contains information about director nominations, executive compensation, and other corporate governance matters for the fiscal year ending December 31, 2023. The company is incorporated in Maryland and headquartered in Tampa, Florida.
Why It Matters
This filing provides shareholders with crucial information to make informed voting decisions on company leadership and strategic direction.
Risk Assessment
Risk Level: low — This is a standard regulatory filing (DEF 14A) that provides information to shareholders and does not inherently represent new financial risk.
Key Players & Entities
- GENERATION INCOME PROPERTIES, INC. (company) — Registrant
- 0000950170-24-115299 (filing_id) — Accession Number
- 20241017 (date) — Filing Date
- 401 EAST JACKSON STREET SUITE 3300 TAMPA FL 33602 (address) — Company Business Address
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, also known as a definitive proxy statement, is required by the SEC when a company is soliciting shareholder votes for its annual meeting or other matters. It provides detailed information about the proposals to be voted on, including director nominations, executive compensation, and auditor ratification.
When was this specific DEF 14A filing made by Generation Income Properties, Inc.?
This definitive proxy statement was filed on October 17, 2024.
Where is Generation Income Properties, Inc. headquartered?
Generation Income Properties, Inc. is headquartered in Tampa, Florida, with its business address listed as 401 East Jackson Street, Suite 3300, Tampa, FL 33602.
What is the fiscal year end for Generation Income Properties, Inc.?
The fiscal year end for Generation Income Properties, Inc. is December 31.
What is the Central Index Key (CIK) for Generation Income Properties, Inc.?
The Central Index Key (CIK) for Generation Income Properties, Inc. is 0001651721.
Filing Stats: 4,704 words · 19 min read · ~16 pages · Grade level 11.4 · Accepted 2024-10-17 16:05:02
Key Financial Figures
- $0.01 — of voting securities was common stock, $0.01 par value per share, and there were 5,4
- $1.7 billion — th The Townsend Group, where he oversaw $1.7 billion in private equity real estate assets un
- $2 billion — here she was responsible for managing a $2 billion operation with more than 1,000 sales pr
Filing Documents
- gipr_proxy_statement_202.htm (DEF 14A) — 356KB
- img175402104_0.jpg (GRAPHIC) — 15KB
- img175402104_1.jpg (GRAPHIC) — 25KB
- img175402104_2.jpg (GRAPHIC) — 88KB
- img175402104_3.jpg (GRAPHIC) — 73KB
- 0000950170-24-115299.txt ( ) — 634KB
From the Filing
DEF 14A 1 gipr_proxy_statement_202.htm DEF 14A DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ SCHEDULE 14A (Rule 14A-101) INFORMATION REQUIRED IN PROXY STATEMENT Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant  Filed by a Party other than the Registrant  Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))  Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 GENERATION INCOME PROPERTIES, INC. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):  No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. NOTICE OF 2024 ANNUAL MEETING AND PROXY STATEMENT October 16, 2024 You are cordially invited to attend our 2024 Annual Meeting of Stockholders, which will be held at 100 North Tampa Street, Suite 2700, Tampa, Florida 33602, on Friday, November 22, 2024, at 10:00 a.m., local time. Stockholders will be admitted beginning at 9:45 a.m. The attached notice of Annual Meeting of Stockholders and proxy statement cover the formal business of the Annual Meeting and contain a discussion of the matters to be voted upon at the Annual Meeting. At the Annual Meeting, our management will also provide a report on our operations and achievements during the past year. Your vote is very important. Whether or not you plan to attend the meeting in person, please vote your shares by completing, signing and returning the accompanying proxy card, or by following the instructions on the card for voting by telephone or internet. If you later decide to attend the Annual Meeting and vote in person, you may revoke your proxy at that time. David Sobelman Chairman of the Board Chief Executive Officer 1 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS TO THE STOCKHOLDERS OF GENERATION INCOME PROPERTIES, INC. TIME: 10:00 a.m., local time, on Friday, November 22, 2024. Stockholders will be admitted beginning at 9:45 a.m. PLACE: Foley & Lardner LLP Gasparilla Conference Room 100 North Tampa Street, Suite 2700 Tampa, Florida 33602 ITEMS OF BUSINESS: 1. To elect six (6) directors to hold office for a one-year term ending at the 2025 annual meeting of stockholders and until his or her successor is duly elected and qualifies, or until his or her death, resignation, retirement or removal (whichever occurs first). 2. To ratify the appointment of CohnReznick LLP as the Company’s independent registered public accounting firm for fiscal year 2024. 3. To transact such other business as may properly come before the meeting or any adjournment thereof. RECORD DATE Stockholders of record on October 11, 2024, are entitled to notice of the Annual Meeting and are entitled to vote at the Annual Meeting in person or by proxy. ANNUAL REPORT Our 2023 Annual Report to Stockholders, which is not a part of this proxy statement, is enclosed. PROXY VOTING It is important that your shares be represented at the Annual Meeting and voted in accordance with your instructions. Please indicate your instructions by promptly signing and dating the enclosed proxy card and mailing it in the enclosed postage paid, pre-addressed envelope or by following the instructions on the proxy card for telephone or internet voting. By Order of the Board of Directors, David Sobelman Chairman of the Board Chief Executive Officer 2 PR OXY STATEMENT 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON NOVEMBER 22, 2024 TO THE STOCKHOLDERS OF GENERATION INCOME PROPERTIES, INC.: October 16, 2024 This proxy statement and the form of proxy are delivered in connection with the solicitation by the Board of Directors of Generation Income Properties Inc. (the “Company,” “we,” “us,” or “our”), a Maryland corporation, of proxies to be voted at our 2024 Annual Meeting of Stockholders and at any adjournments or postponements thereof. You are invited to attend our 2024 Annual Meeting of Stockholders on Friday, November 22, 2024, beginning at 10:00 a.m.. The Annual Meeting will be held at 100 North Tampa Street, Suite 2700, Tampa, Florida 33602. Stockholders will be admitted beginning at 9:45 a.m. Your vote is very important. Therefore, whether you plan to attend the Annual Meeting or not and regardless of the number of shares you own, please date, sign and return the enclosed proxy card promptly or follow the instructions on the card for voting by telephone or internet. At the meeting, the use of cameras, audio o