Generation Income Properties Inc. has been notified by The Nasdaq Stock Market LLC that it is not in compliance with the minimum stockholders' equity requirement necessary for continued listing on The Nasdaq Capital Market. The company's reported stockholders' equity deficit of $965,694 falls short of the required $2.5 million. Additionally, it does not meet alternative listing standards, such as having a market value of listed securities of at least $35 million or reporting net income of at least $500,000 in recent fiscal years. The company's stock will continue to trade under the symbol "GIPR" while it works to submit a compliance plan by October 3, 2025. If approved, Nasdaq may grant a further 180 days to meet requirements. Failure to comply could lead to a delisting notice, with the company having the option to request a hearing to stay delisting actions.
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