---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-049092"
form_type: "8-K"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2024-12-06T23:59:59+00:00"
generated_at: "2026-05-29T06:09:49.188919+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Presidio Property Trust gets second 180-day Nasdaq extension to June 2, 2025 to meet $1 bid price

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-049092
- form_type: 8-K
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2024-12-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315224049092/0001493152-24-049092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315224049092/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-049092
- JSON: https://secwatch.observer/filing/0001493152-24-049092.json
- Plain text: https://secwatch.observer/filing/0001493152-24-049092.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1080657/000149315224049092/0001493152-24-049092-index.htm

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