ErnieBilco
2 years ago
Nice way to make a profit just buying the warrants and then converting them as shown below:
Generation Income PPTY. has offered an exercise of its outstanding public warrants.
The options available to holders are as follows:
Option 1 - Take no action
Option 2 - Submit Warrants for CASHLESS Exercise: Receive 1 share of Generation Income Common Stock for every 10 warrants submitted.
Minimum requirement: 10 warrants and in multiples of 10 thereafter.
Warrant exercises, once submitted to the depository/agent, will no longer be eligible to be withdrawn.
Elections made prior to 10:00 ET (America/New York) will be processed daily. Note that your elected quantity must be settled in order to be submitted at the depository.
Warrants expire on 2026-09-08.
The deadline to submit instructions for exercise will be 2026-09-08 @ 10:00 (America/New York).
In the absence of an election, no action will be taken, and the warrants will expire worthless and be removed from your account.
Warning: If no action is taken by warrant holder, warrants will expire worthless. In cases where the warrant is called for early redemption, inaction results in the warrant being redeemed for a nominal amount. In both cases, inaction may result in loss.
ErnieBilco
2 years ago
EF Hutton Initiates a Buy Rating on Generation Income Properties (GIPR)
May 23 2022 - 01:39PM
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Generation Income Properties (GIPR – Research Report) received a Buy rating and an $8.00 price target from EF Hutton analyst Gaurav Mehta today. The company's shares closed last Friday at $6.39, close to its 52-week low of $5.75. According to TipRanks.com, Mehta is a 3-star analyst with an average return of 3.6% and a 54.3% success rate. Mehta covers the Financial sector, focusing on stocks such as Chicago Atlantic Real Estate ate Finance Inc, Gladstone Commercial, and BRT Apartments. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generation Income Properties with a $9.00 average price target, representing a 35.3% upside.
https://www.tipranks.com/news/blurbs/ef-hutton-initiates-a-buy-rating-on-generation-income-properties-gipr?utm_source=advfn.com&utm_medium=referral