Annuncio • Apr 22
Presidio Property Trust, Inc., Annual General Meeting, Jun 02, 2026 Presidio Property Trust, Inc., Annual General Meeting, Jun 02, 2026. Annuncio • Jan 24
Presidio Property Trust, Inc. and NetREIT SC II, LLC Receive Debt Default Notice On January 21, 2026, Presidio Property Trust, Inc. and NetREIT SC II, LLC, (the “Borrower”), received a notice (the “Default Notice”) from Wells Fargo Bank, National Association (the “Lender”) alleging that the Borrower’s failure to repay in full by January 5, 2026 the indebtedness owed under that certain promissory note dated as of December 24, 2015 issued to The Bancorp Bank (the “Original Lender”) in the original principal amount of $17,727,500.00 (the “Note”), the related loan agreement, dated as of December 24, 2015 by and between Borrower and the Original Lender (the “Loan Agreement”) and other related agreements (together with the Note and the Loan Agreement, the “Loan Documents”), constitutes an event of default under the Loan Documents. As a result of the alleged event of default, the entire unpaid amounts shall bear interest at the default interest rate equal to the lesser of the maximum rate permitted by applicable law, or 5% above the original interest rate of 4.92% per annum. In addition, the Default Notice states that the Lender has the right to foreclose or partially foreclose certain real and personal property that the Borrower had pledged as security for the Note located in Douglas County, Colorado, known as the “Shea Center II” (the “Property”). The Default Notice further states that the Lender revoked the Borrower’s license under the Loan Documents to receive, collect and make use of rents, profits and income from the Property. The Company is exploring its options to cure the event of default alleged in the Default Notice. Annuncio • Oct 15
Presidio Property Trust, Inc. has filed a Follow-on Equity Offering in the amount of $1.419265 million. Presidio Property Trust, Inc. has filed a Follow-on Equity Offering in the amount of $1.419265 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Annuncio • Jul 15
Presidio Property Trust, Inc. has filed a Follow-on Equity Offering in the amount of $2.049957 million. Presidio Property Trust, Inc. has filed a Follow-on Equity Offering in the amount of $2.049957 million.
Security Name: Series A Common Stock
Security Type: Common Stock
Securities Offered: 140,000
Price\Range: $12
Discount Per Security: $0.84
Security Features: Income Trust
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 30,830
Price\Range: $11.9999
Discount Per Security: $0.83999
Transaction Features: Registered Direct Offering Annuncio • Jun 04
Presidio Regains Compliance with Nasdaq Minimum Bid Price Requirement Presidio Property Trust, Inc. announced that it has received formal notice from Nasdaq stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company's common stock will continue to be listed and traded on Nasdaq. To regain compliance with the Listing Rule, the Company’s common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on June 2, 2025. Nasdaq has stated that this matter is now closed. Annuncio • Apr 17
Presidio Property Trust, Inc. Announces Resignation of David Bruen as Director, Effective April 10, 2025 On April 10, 2025, David Bruen notified Presidio Property Trust, Inc. (the Company) of his resignation as a director of the Company, effective immediately. Mr. Bruen’s resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. Annuncio • Jan 30
An undisclosed buyer acquired Five Model Homes from Presidio Property Trust, Inc. (NasdaqCM:SQFT) for $2.7 million. An undisclosed buyer acquired Five Model Homes from Presidio Property Trust, Inc. (NasdaqCM:SQFT) for $2.7 million in the fourth quarter of 2024.
An undisclosed buyer completed the acquisition of Five Model Homes from Presidio Property Trust, Inc. (NasdaqCM:SQFT) in the fourth quarter of 2024. Annuncio • Dec 20
Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces an Equity Buyback for $6 million worth of its shares. Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces a share repurchase program. Under the program, the company will repurchase up to $6 million of outstanding shares of their Series A Common Stock. Annuncio • Dec 08
Presidio Receives Second 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule Presidio Property Trust, Inc. announced that the Company has been granted an additional 180-day period from Nasdaq’s Listing Qualification Department, through June 2, 2025, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Company’s common stock continues to trade on the Nasdaq Capital Market under the symbol “SQFT.” If at any time until June 2, 2025, the closing bid price of the Company’s common stock is at or above $1.00 per share for a minimum of ten consecutive trading days, Nasdaq will provide the Company with written confirmation of compliance. If compliance cannot be demonstrated during the additional 180-day grace period, Nasdaq will provide written notification that the common stock will be subject to delisting. At such time, the Company may appeal the determination to a Nasdaq Hearings Panel. The Company intends to monitor the closing bid price of its common stock between now and June 2, 2025, and intends to consider available options to cure the deficiency and regain compliance with the minimum bid price requirement within the compliance period. Annuncio • Nov 16
Presidio Property Trust, Inc. announced delayed 10-Q filing On 11/15/2024, Presidio Property Trust, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annuncio • Aug 15
Presidio Property Trust, Inc. Announces Impairment Charges for the Three Months Ended June 30, 2024 Presidio Property Trust, Inc. announced impairment charges for the three months ended June 30, 2024. For the period, the company announced impairment of real estate assets of $101,245. Annuncio • Jun 08
Presidio Property Trust Provides Non-Compliance Update On June 7, 2024, Presidio Property Trust, Inc. received a letter from the Listing Qualifications Department of the Nasdaq Stock Market indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business day period between April 25, 2024, through June 6, 2024, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days, or until December 4, 2024 (the “Compliance Period”), in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A). In order to regain compliance with Nasdaq’s minimum bid price requirement, the Company’s common stock must maintain a minimum closing bid price of $1.00 for at least ten consecutive business days during the Compliance Period. In the event the Company does not regain compliance by the end of the Compliance Period, the Company may be eligible for additional time to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for the market value of its publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split if necessary. If the Company meets these requirements, the Company may be granted an additional 180 calendar days to regain compliance. However, if it appears to Nasdaq that the Company will be unable to cure the deficiency, or if the Company is not otherwise eligible for the additional cure period, Nasdaq will provide notice that the Company’s common stock will be subject to delisting. If during any compliance period the common stock has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Nasdaq Listing Rule 5810 with respect to that security. The letter has no immediate impact on the listing of the Company’s common stock, which will continue to be listed and traded on The Nasdaq Capital Market, subject to the Company’s compliance with the other listing requirements of The Nasdaq Capital Market. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other listing criteria of The Nasdaq Capital Market. Annuncio • May 14
Presidio Property Trust, Inc., Annual General Meeting, Jun 27, 2024 Presidio Property Trust, Inc., Annual General Meeting, Jun 27, 2024. Annuncio • May 11
Presidio Property Trust, Inc. Appoints Elena Piliptchak as Class III Director Presidio Property Trust, Inc. announced that Elena Piliptchak, the Managing Member of Ouray, has been appointed to the Presidio Board, effective immediately, as a Class III director with a term expiring at Presidio’s 2026 Annual Meeting of Stockholders. In connection with this appointment, Presidio’s Board has been increased from six to seven directors. Annuncio • Apr 17
Zuma Capital Management Sends a Letter to Presidio Property Trust On April 16, 2024, Zuma Capital Management LLC announced that it has sent a letter to Presidio Property Trust Inc, where it disputed the Company’s purported deficiencies with respect to its nomination and expressed its belief that the Board’s attempt to invalidate such nomination was an overt entrenchment maneuver designed to prevent stockholders from having the opportunity to be heard at the Annual Meeting. In addition, Zuma Capital stated that it believed that the Company’s adoption of a classified board of directors shortly before the Annual Meeting, and after a significant stockholder had submitted a timely and valid nomination notice, coupled with the Company’s attempt to invalidate such nomination notice, is plainly a manipulative device designed to entrench the current Board, weaponize Rule 14a-19(b) and ultimately undermine the rights of the Company’s stockholders. Annuncio • Apr 02
Presidio Property Trust, Inc. announced delayed annual 10-K filing On 04/01/2024, Presidio Property Trust, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annuncio • Dec 07
Presidio Granted Second 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule Presidio Property Trust, Inc. announced that the Company has been granted an additional 180-day period from Nasdaq’s Listing Qualification Department, through June 3, 2024, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Company’s common stock continues to trade on the Nasdaq Capital Market. If at any time until June 3, 2024, the closing bid price of the Company’s common stock is at or above $1.00 per share for a minimum of ten consecutive trading days, Nasdaq will provide the Company with written confirmation of compliance. If compliance cannot be demonstrated during the additional 180-day grace period, Nasdaq will provide written notification that the common stock will be subject to delisting. At such time, the Company may appeal the determination to a Nasdaq Hearings Panel. The Company intends to monitor the closing bid price of its common stock between now and June 3, 2024, and intends to consider available options to cure the deficiency and regain compliance with the minimum bid price requirement within the compliance period. Annuncio • Dec 06
Presidio Property Trust, Inc. Declares Cash Dividend on its Series A Common Stock for the Fourth Quarter of 2023, Payable on December 26, 2023 Presidio Property Trust, Inc. announced that its Board of Directors has authorized a cash dividend of $0.023 per share on its Series A Common Stock for the fourth quarter of 2023. The dividend will be payable on December 26, 2023, to all stockholders of record as of the close of business on December 18, 2023. Annuncio • Nov 21
Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces an Equity Buyback for $6 million worth of its shares. Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces a share repurchase program. Under the program, the company will repurchase up to $6 million of outstanding shares of their Series A Common Stock. Annuncio • Sep 27
Presidio Property Trust, Inc. Announces Cash Dividend for the Third Quarter of 2023, Payable on October 11, 2023 Presidio Property Trust, Inc. announced that its board of directors has authorized a cash dividend of $0.023 per share on its Series A Common Stock for the third quarter of 2023. The dividend will be payable on October 11, 2023, to all stockholders of record as of the close of business on October 6, 2023. Annuncio • Sep 24
Presidio Property Trust, Inc. Announces Chief Financial Officer Changes Presidio Property Trust, Inc. announced that on September 22, 2023, Adam Sragovicz notified Presidio Property Trust, Inc. the Company of his resignation as Chief Financial Officer, effective immediately. Effective September 22, 2023, the Company appointed Mr. Edwin H. Bentzen IV, age 47, to serve as its Chief Financial Officer. Mr. Bentzen has served as the Chief Accounting Officer since March 2021. Prior to joining the Company, Mr. Bentzen served as Chief Financial Officer and Chief Operations Officer for Crystal View Capital Management, LLC in 2020 and as a Chief Financial Officer /Finance consultant for various clients (including real estate development companies) from 2018 to 2020. Prior to these roles, Mr. Bentzen held officer and/or senior accounting roles at various companies in Las Vegas, Nevada. He holds a Bachelor of Science degree in Hotel Administration, with an emphasis in Gaming, and a Master of Science degree in Accountancy, from University of Nevada, Las Vegas, and is licensed as a Certified Internal Auditor (inactive). Annuncio • Sep 14
Presidio Property Trust, Inc. Announces Establishment of A Special Committee of the Board and Exploration of Strategic Alternatives Presidio Property Trust, Inc. announced that its Board of Directors has established a Special Committee of the Board to explore potential strategic alternatives focusing on maximizing stockholder value. The Special Committee is comprised solely of independent directors and is charged with exploring potential strategic alternatives, including, without limitation, a business combination involving the Company, a sale of all or part of the Company’s assets, joint venture arrangements and/or restructurings, and determining whether a strategic transaction is in the best interests of the Company. There can be no assurance that the strategic alternatives exploration process will result in any transaction being pursued or consummated. There is no formal timetable for the Special Committee’s completion of its exploration of potential strategic alternatives, and the Company does not intend to disclose any developments with respect to the Special Committee’s activities unless and until the Company determines that further disclosure is appropriate or required by law or regulation. Annuncio • Jun 17
Presidio Property Trust, Inc. Announces a Cash Dividend on its Series A Common Stock for the Second Quarter of 2023, Payable on June 30, 2023 Presidio Property Trust, Inc. announced that its Board of Directors has authorized a cash dividend of $0.023 per share on its Series A Common Stock for the second quarter of 2023. The dividend will be payable on June 30, 2023, to all stockholders of record as of the close of business on June 27, 2023. Annuncio • Jun 12
Presidio Property Trust Receives Notice from Nasdaq Regarding Non-Compliance with Nasdaq’s Minimum Bid Price Requirement On June 6, 2023, Presidio Property Trust, Inc. received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (‘Nasdaq’) indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business day period between April 21, 2023, through June 5, 2023, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days, or until December 4, 2023 (the ‘Compliance Period’), in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A). In order to regain compliance with Nasdaq’s minimum bid price requirement, the Company’s common stock must maintain a minimum closing bid price of $1.00 for at least ten consecutive business days during the Compliance Period. In the event the Company does not regain compliance by the end of the Compliance Period, the Company may be eligible for additional time to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for the market value of its publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split if necessary. If the Company meets these requirements, the Company may be granted an additional 180 calendar days to regain compliance. However, if it appears to Nasdaq that the Company will be unable to cure the deficiency, or if the Company is not otherwise eligible for the additional cure period, Nasdaq will provide notice that the Company’s common stock will be subject to delisting. If during any compliance period the common stock has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Nasdaq Listing Rule 5810 with respect to that security. The letter has no immediate impact on the listing of the Company’s common stock, which will continue to be listed and traded on The Nasdaq Capital Market, subject to the Company’s compliance with the other listing requirements of The Nasdaq Capital Market. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other listing criteria of The Nasdaq Capital Market. Annuncio • Feb 18
Presidio Property Trust, Inc. Announces Demise of Sumner J. Rollings, Member of Board of Directors Presidio Property Trust, Inc. announced that Sumner J. Rollings passed away on February 14, 2022. Mr. Rollings was a member of Company’s Board of Directors since 2001 and also served as a valued member of the Board’s Audit Committee and Chairman of the Compensation Committee. The Board and management of the Company are saddened by Mr. Rollings’ passing and extend their heartfelt condolences to his family. Annuncio • Dec 08
Presidio Property Trust, Inc. Declares Fourth-Quarter 2022 Dividend, Payable on December 30, 2022 Presidio Property Trust, Inc. announced that its Board of Directors has declared a cash dividend of $0.021 per share on its Series A Common Stock for the fourth quarter of 2022. The dividend will be payable on December 30, 2022, to all stockholders of record as of the close of business on December 19, 2022. Annuncio • Oct 26
Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Six Model Home Properties Located in Dallas-Fort Worth. Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Six Model Home Properties Located in Dallas-Fort Worth on October 21, 2022. The Presidio Property Trust acquired these properties through subsidiary and affiliate entities.
Presidio Property Trust, Inc. (NasdaqCM:SQFT) completed the acquisition of Six Model Home Properties Located in Dallas-Fort Worth on October 21, 2022. Annuncio • Sep 17
Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces an Equity Buyback. Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its outstanding series A common stock and its series D preferred stock. Annuncio • May 28
Presidio Property Trust, Inc. Declares Cash Dividend for the Second Quarter of 2022, Payable on June 24, 2022 Presidio Property Trust, Inc. declared cash dividend of $0.106 per share on its series A common stock for the second quarter of 2022. This is the seventh consecutive quarterly dividend and increase since Presidio Property’s initial public offering in October of 2020. The dividend will be payable on June 24, 2022, to all stockholders of record as of the close of business on June 10, 2022. Annuncio • Apr 16
Presidio Property Trust, Inc., Annual General Meeting, May 26, 2022 Presidio Property Trust, Inc., Annual General Meeting, May 26, 2022, at 08:30 Pacific Standard Time. Agenda: To consider to elect five (5) members to serve on our Board of Directors until the 2023 Annual Meeting of Stockholders or until their respective successors are duly elected and qualify; to consider and vote upon the ratification of the appointment of Baker Tilly US, LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2022; to consider and vote upon an amendment to the Company’s charter to provide for the reclassification of any unissued shares of common stock from time to time into one or more classes or series of stock having such terms as determined by the Board of Directors; to consider and vote upon a non-binding, advisory proposal to approve the compensation of our named executive officers; and to consider other matter. Annuncio • Mar 03
Presidio Property Trust, Inc. Declares Cash Dividend for the First Quarter of 2022, Payable on March 28, 2022 Presidio Property Trust, Inc. announced that its Board of Directors has declared a cash dividend of $0.105 per share on its Series A Common Stock for the first quarter of 2022. The dividend will be payable on March 28, 2022, to all stockholders of record as of the close of business on March 16, 2022. Annuncio • Jan 26
Presidio Property Trust, Inc.(NasdaqCM:SQFT.W) dropped from S&P TMI Index Presidio Property Trust, Inc.(NasdaqCM:SQFT.W) dropped from S&P TMI Index Annuncio • Jan 04
Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Eight Model Home Properties in Dallas. Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Eight Model Home Properties in Dallas on December 29, 2021.
Presidio Property Trust, Inc. (NasdaqCM:SQFT) completed the acquisition of Eight Model Home Properties in Dallas on December 29, 2021. Annuncio • Dec 23
Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired a clinical research and support facility in Baltimore, Maryland. Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired a clinical research and support facility in Baltimore, Maryland on December 22, 2021. The transaction shall be paid in all-cash. CBRE's US Healthcare & Life Sciences Capital Markets team represented the seller in this transaction.
Presidio Property Trust, Inc. (NasdaqCM:SQFT) completed the acquisition of a clinical research and support facility in Baltimore, Maryland on December 22, 2021. Annuncio • Sep 20
Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces an Equity Buyback for $10 million worth of its shares. Presidio Property Trust, Inc. (NasdaqCM:SQFT) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its outstanding common A shares. Annuncio • Aug 19
Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Commercial Property in Houston, Texas from The Woodmont Company. Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Commercial Property in Houston, Texas from The Woodmont Company on August 18, 2021. Presidio Property Trust acquired Commercial Property in Houston, Texas in an all-cash transaction. Presidio was represented by Matt Burnett of Hanley Invest Group
Presidio Property Trust, Inc. (NasdaqCM:SQFT) acquired Commercial Property in Houston, Texas from The Woodmont Company on August 18, 2021. Annuncio • Jul 15
Presidio Property Trust, Inc. has completed a Follow-on Equity Offering in the amount of $9.99 million. Presidio Property Trust, Inc. has completed a Follow-on Equity Offering in the amount of $9.99 million.
Security Name: Series A Common Stock
Security Type: Common Stock
Securities Offered: 1,000,000
Price\Range: $5
Discount Per Security: $0.35
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 1,000,000
Price\Range: $4.99
Transaction Features: Registered Direct Offering