GENERATION INCOME PROPERTIES, INC.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 9B. Other Information Item 9C
ITEM 9B. OTHER INFORMATION
(a) Amendment and Restatement of Bylaws
On March 26, 2025, the Company’s Board of Directors (the “Board”) approved and adopted an amendment and restatement of the Company’s Bylaws (as amended and restated, the “Bylaws”) to (i) expressly authorize that stockholder meetings may be held by remote communications and expressly provide that remote meetings will be subject to guidelines and procedures adopted by the Board; (ii) clarify the voting standard for election of directors in uncontested elections; (iii) enhance and clarify certain procedural mechanics and disclosure requirements relating to director nominations submitted by stockholders pursuant to the advance notice provisions of the Bylaws, including by requiring the stockholder providing the notice to provide additional information and disclosures regarding themselves and their nominees and provide certain representations and acknowledgements; (iv) enhance certain procedural mechanics and disclosure requirements in connection with stockholder submissions of proposals regarding other business at any meeting of the stockholders (other than proposals made pursuant to Rule 14a-8 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), including by requiring that proposing stockholders provide additional information and disclosures regarding themselves and their proposals and provide certain representations and acknowledgements; and (v) make certain other clarifications and technical or non-substantive changes. The Bylaws were effective upon adoption by the Board.
The foregoing description of the Bylaws does not purport to be complete and is qualified in its entirety by reference to the full text of the Bylaws, which are filed as Exhibit 3.2 to this Annual Report on Form 10-K and are incorporated herein by reference.
(b) Rule 10b5-1
During the three months ended December 31, 2024, no director or officer (as defined in Rule 16a-1(f) of the Exchange Act) of the Company adopted, modified, orterminateda “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.