Presidio Property Trust receives Nasdaq bid-price deficiency notice; cure by Dec 4, 2024

Presidio Property Trust, Inc.

Received letter on June 7, 2024; common stock bid price below $1.00 for 30 consecutive business days.
Has 180 calendar days (until Dec 4, 2024) to regain compliance; stock must close at ≥$1.00 for 10 consecutive days.
If not cured, may be eligible for additional 180-day period if meeting other listing standards; reverse stock split possible.
If bid price falls to ≤$0.10 for 10 consecutive days, Nasdaq may issue delisting determination.

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