Nasdaq Moves to Delist Generation Income Properties Over Equity Rule Violation

Reuters
Feb 07
Nasdaq Moves to Delist <a href="https://laohu8.com/S/GIPRU">Generation Income Properties</a> Over Equity Rule Violation

Generation Income Properties Inc. is facing potential delisting from the Nasdaq Capital Market due to failure to meet the minimum stockholders' equity requirement of $2.5 million, as mandated by Nasdaq Listing Rule 5550(b)(1). The company reported a stockholders' equity deficit of approximately $966,000 as of June 30, 2025, and does not meet alternative compliance standards related to market value or net income. After reviewing the company’s submitted compliance plans, Nasdaq staff denied the request for continued listing, citing a lack of a definitive plan for near-term and sustained compliance. Generation Income Properties Inc. intends to appeal the decision, which will temporarily stay the delisting process pending the outcome of the hearing.

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