other
confidence high
sentiment neutral
materiality 0.15
Presidio Property Trust 2024 annual meeting results; two charter amendments fail despite >70% support
Presidio Property Trust, Inc.
- David T. Bruen and Steve Hightower re-elected as directors with ~7.46M and 7.42M votes for.
- Ratification of Baker Tilly as auditor for 2024 approved: 9.17M for, 1.40M against.
- Charter amendment to reclassify unissued shares failed: 70.17% of votes cast in favor but not majority of all shares entitled to vote.
- Charter amendment to eliminate cumulative voting failed: 80.09% of votes cast in favor but not majority of all shares.