May. 19 at 9:06 PM
$GIPR Generation Income Properties to evaluate strategic alternatives
David Sobelman, CEO of Generation Income Properties, said, "In order to continue to evaluate the multitude of options for the future direction of the company, the independent board of directors recently formed of a committee to evaluate potential strategic alternatives for Generation Income Properties, and I want to provide additional context and clarity to this effort.
This step is part of a thoughtful and deliberate process-not an indication of a predetermined outcome. Rather, it reflects the increased inbound interest we've received from a range of parties, some with proven credibility and others less so. Our goal is to ensure a comprehensive, disciplined review of all credible opportunities that may enhance shareholder value."
