UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

____________________________

 

 

FORM 1-U

 

 

CURRENT REPORT

Pursuant Regulation A of the Securities Act of 1933

 

 

October 24, 2019

(Date of Report (Date of earliest event reported))

 

 

GENERATION INCOME PROPERTIES, INC.

(Exact name of registrant as specified in its charter)

 

 

Maryland 47-4427295
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification No.)

 

 

401 East Jackson Street, Suite 3300

Tampa, FL 33602

(Full mailing address of principal executive offices)

 

 

Telephone: (813)-448-1234

(Issuer’s telephone number, including area code)

 

 

Common Shares

(Title of each class of securities issued pursuant to Regulation A)

 


 

Item 9. Other Events

 

Declaration of Dividend

 

On October 24, 2019, Generation Income Properties, Inc. (the “Company”) announced that its board of directors authorized a $0.105 per share cash dividend for shareholders of record of the Company’s common stock as of October 1, 2019. The Company expects to pay this dividend on or before November 15, 2019.

 

Safe Harbor Statement

 

This Current Report on Form 1-U contains forward-looking statements within the meaning of the federal securities laws. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Circular, as such factors may be updated from time to time in our periodic filings and Offering Circular supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

 

Item 10. Exhibits

 

Number Description of Exhibit
   
15.1 Press release dated October 24, 2019 - Dividend

 

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SIGNATURE

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

  GENERATION INCOME PROPERTIES, INC. 
   
   
Date: October 24, 2019 By: /s/ David Sobelman
    David Sobelman
    Chief Executive Officer

 

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