secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2023-06-09T23:59:59+00:00
Accession:  0001493152-23-020720
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Property Trust receives Nasdaq bid price deficiency notice, 180-day cure period
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- Nasdaq notice on June 6, 2023: closing bid price below $1.00/share for 30 consecutive days (Apr 21 – Jun 5, 2023).
- Compliance period of 180 calendar days, until December 4, 2023, to regain bid price of $1.00 for 10 consecutive business days.
- If not compliant by Dec 4, Company may qualify for an additional 180-day period if it meets other listing standards.
- Common stock (SQFT) continues trading on Nasdaq Capital Market during cure period; delisting risk remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315223020720/0001493152-23-020720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315223020720/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-020720

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