GIPRGENERATION INCOME PROPERTIES, INC. · NASDAQ · $1.17M mkt cap
Assessed Sep 1, 2026 · Reassessment
Is the float you're seeing correct?
2.58M
Estimated float

Latest post-split outstanding (8-K 2026-08-26, as of 2026-08-25) less officer/director beneficial ownership adjusted for Sobelman's 2026-07-24 loan-conversion shares, less unvested restricted stock.

Confirmed · within 7%
2.76M
Reported float

Data-service feed, fetched today. The number TradingView and most screeners show.

Your screener's float is right for GIPR. Trade off 2.58M shares. What it does not show you is what is about to be added to it.

Dilution risk9/10EXTREME
CONFIDENCE: MEDIUM

The float your screener shows is right, at 2.58M. 1 floorless convertible note and 2 reverse splits can add another 1,344% of the float.

  • Preferred conversion overhang at a discount to market. The LC2-NNN Pref / Loci Capital preferred interest in GIP SPE — approximately $7,959,915 remaining as of 2026-08-01 — is redeemable in GIP LP Units valued at a 15% DISCOUNT to the 30-day average mark…

  • Full-ratchet warrant reset triggered by reverse split. The 2,382,500 (split-adjusted) common warrants from the June 2026 offering contain an anti-dilution provision that resets the exercise price to the lowest VWAP in the five trading days before and aft…

  • Rapid share count growth. Shares outstanding went from 1,030,402 immediately after the 2026-07-09 reverse split to 1,861,303 on 2026-08-14 to 3,038,140 on 2026-08-25 — a 195% increase in roughly six weeks, entirely post-split.

From today's float to the ceiling

shares
2.58M
Estimated float
tradeable today
+332.8K can sell now
2.91M
Effective supply
float plus what sells on notice
+34.76M if floors are cut and warrants exercise
37.67M
Fully diluted
ceiling

Where the shares come from

each subtotal is a rung on the ladder above

Tradeable today
2.58M
Can sell now
Registered resale shares, issuable on notice
Already effective; the holder can sell without a further filing.
+134.7K
Warrants in the money, at or near a zero strike
Exercisable at or below the current tape.
+198.2K
Effective supply
2.91M
Converts only if floors are cut
Convertible notes, beyond the registered shares
At the stated conversion prices; a cut to those prices raises the count.
+160.4K
Preferred stock, as converted
Common equivalent at the stated conversion ratio.
+25.31M
Above the current price
Warrants out of the money
Struck above the current tape; supply only if the stock rises.
+8.99M
Other, per engine ceiling
Included in the engine's fully-diluted count but not itemised in the filings we parsed.
+300.2K
Fully diluted
37.67M

Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.

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The facts

Price
—
Market cap
$1.17M
Shares outstanding
3.04M
Reported float
2.76M
Avg volume
17.32M
Reverse splits
2 · latest 1-for-10 · Jul 10, 2026
Going concern
Yes · 6.4 quarters runway
Quarterly burn
$322.1K

Market data as of Oct 18, 2026

Key dates

  • Oct 14, 2026 · $5.5 million Brown Family Enterprises secured note matures against $2.06 million of cash — a forced refinancing, disposition or equity event
  • Feb 6, 2027 · Series B-2 Preferred Units (Bernstein) become tenderable 1:1 for 69,847 split-adjusted common shares
  • Feb 8, 2027 · Brown Family Enterprises $3.0 million Class A Preferred Unit redemption plus 16% equity share on a capital transaction
  • Feb 24, 2027 · Silverback Capital convertible note maturity ($295,040 balance, 134,683 shares still reserved)