Presidio Property Trust, Inc. (SQFT): Nasdaq/NYSE listing notice — Presidio Property Trust gets second 180-day Nasdaq extension to June 2, 2025 to meet $1 bid price

Presidio Property Trust, Inc.

Nasdaq granted additional 180-day period until June 2, 2025, to regain compliance with $1 minimum bid price rule.
Common stock (SQFT) continues to trade on Nasdaq Capital Market during the extension period.
If bid price closes at $1 or above for 10 consecutive trading days, Nasdaq will confirm compliance.
If compliance not achieved by June 2, 2025, stock may be delisted; company may appeal.
Company intends to consider options including a reverse stock split to cure the deficiency.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Presidio Property Trust, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

listing of the Company’s common stock, which will continue to be listed and traded on the Nasdaq Capital Market, subject to the Company’s compliance with the other listing requirements of the Nasdaq Capital Market. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other listing criteria of the Nasdaq Capital Market.

View on SEC.gov

17 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Presidio Property Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-049092

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.