---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-024990"
form_type: "8-K"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:22:51.934516+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Presidio Property Trust closes $1.74M public offering of Series D Preferred Stock

## Summary
- Gross proceeds of ~$1.74M from 109,054 shares at $16.00/share; Series D preferred carries a 9.375% cumulative dividend.
- Net proceeds to be used for general corporate and working capital purposes, including potential property acquisitions.
- Underwriting discount of 7%; insider lock-up for 6 months and one-year ban on at-the-market offerings without consent.
- Offering closed June 24, 2024; The Benchmark Company acted as sole bookrunner.
- Articles Supplementary filed with Maryland designating 80,000 shares of Series D Preferred Stock.

## SEC filing metadata
- accession: 0001493152-24-024990
- form_type: 8-K
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315224024990/0001493152-24-024990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315224024990/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-024990
- JSON: https://secwatch.observer/filing/0001493152-24-024990.json
- Plain text: https://secwatch.observer/filing/0001493152-24-024990.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.