Presidio Property Trust announces 1-for-10 reverse stock split to regain Nasdaq compliance

Presidio Property Trust, Inc.

Reverse split effective at market open on May 19, 2025; ratio 1-for-10.
No fractional shares; holders receive round-up to nearest whole share.
Outstanding warrants and equity awards proportionally adjusted.
CUSIP changes to 74102L501; ticker 'SQFT' unchanged.
Goal is to meet Nasdaq minimum bid price requirement for continued listing.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Presidio Property Trust, Inc.: Board approved filing of Articles of Amendment to effect a 1-for-10 reverse stock split of Series A common stock (effective 2025-05-19).

Change: charter amendment
Effective: 2025-05-19

Exact text from the filing

On May 1, 2025, the Board of Directors of Presidio Property Trust, Inc. (the “Company”) determined to effect the reverse stock split of the outstanding shares of the Company’s Series A common stock at a 1-for-10 ratio (the “Reverse Split”) and approved the filing of Articles of Amendment (the “Articles of Amendment”) to its charter to effect the Reverse Split.

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Presidio Property Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-011284

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