secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0001493152-24-023190
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315224023190/0001493152-24-023190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315224023190/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-023190

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