Generation Income Properties completes 1-for-10 reverse stock split
GIPR•Reverse split completed to address Nasdaq bid-price deficiency
- Generation Income Properties completed a 1-for-10 reverse stock split to address a Nasdaq minimum bid price deficiency.
- The shares must close above $1 for 10 consecutive trading days to regain compliance with the bid-price rule.
- Nasdaq’s review of the company’s broader compliance plan remains ongoing.
