other_material
confidence high
sentiment neutral
materiality 0.35
Presidio Property Trust enters ATM equity offering of up to $1.4M with Benchmark Company
Presidio Property Trust, Inc.
- Entered Sales Agreement with The Benchmark Company, LLC for at-the-market offering of up to $1,419,265 of Series A common stock.
- Commission of 3.5% of gross proceeds; sales at prevailing market prices on Nasdaq.
- Offering conducted under existing shelf registration statement (File No. 333-278960) declared effective May 17, 2024.
- Sales may be suspended by either party; agreement terminates upon sale of maximum amount or termination.