secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001493152-23-033456
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Property Trust CFO resigns upon SPAC deal close; appoints Edwin Bentzen as successor
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- Adam Sragovicz resigned as CFO effective Sept 22, 2023, upon consummation of Murphy Canyon SPAC merger with Conduit Pharmaceuticals.
- Departure is not related to financial results or disagreements; prior intent to resign upon SPAC close was disclosed.
- Edwin H. Bentzen IV appointed CFO; served as Chief Accounting Officer since March 2021.
- Bentzen's annual base salary is $207,900; eligible for benefits and restricted stock awards under 2017 Incentive Award Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315223033456/0001493152-23-033456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315223033456/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-033456

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer