Presidio Property Trust, Inc. — fact timeline

Presidio Property Trust, Inc. shareholders approved Amendment and restatement of the 2017 Incentive Award Plan at the 2026-06-02 meeting.

“Proposal 3 : An amendment and restatement of the Company’s 2017 Incentive Award Plan (the “Plan”) to (i) increase the number of shares available for issuance thereunder to 550,000 from 450,000 shares of common stock and (ii) revise the Plan’s evergreen provision to, on April 1st and October 1st of each year, automatically increase the maximum number of shares of common stock available under the Plan to 15% of the Company’s outstanding shares of common stock, if on such date 550,000 shares constitute less than 15% of the Company’s then-outstanding shares of common stock was approved, as follows: FOR AGAINST ABSTAIN 398,325 67,717 3,462”

Presidio Property Trust, Inc. shareholders approved Ratification of appointment of Baker Tilly US, LLP as independent registered public accounting firm at the 2026-06-02 meeting.

“Proposal 2 : The appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified, as follows: FOR AGAINST ABSTAIN 804,540 20,069 39,254”

Presidio Property Trust, Inc. shareholders approved Election of Directors at the 2026-06-02 meeting.

“Proposal 1 : The Company’s two (2) director nominees were re-elected to serve on the Company’s board of directors (the “Board”) until the Company’s 2029 annual meeting of stockholders and until their respective successors have been duly elected and qualified, as follows: DIRECTOR FOR WITHHELD Jack K Heilbron 416,813 52,691 James R Durfey 417,417 52,087”

Presidio Property Trust, Inc. reported the quarter ended March 31, 2026 results: revenue approximately $3.8 million, net income approximately $(129,632), EPS $(0.10) per basic and diluted share.

“share for the three months ended March 31, 2025. The change in net income attributable to the Company’s common stockholders was a result of: ● Total revenues were approximately $3.8 million for the three months ended March 31, 2026, compared to approximately $4.1 million for the same period in 2025. As of March 31, 2026, we had approximately $100.5 million in net”

Presidio Property Trust, Inc. reported the year ended December 31, 2025 results: revenue approximately $16.8 million, net income approximately $10.5 million, or $8.59 per basic and diluted share.

“share for the year ended December 31, 2024. The change in net income attributable to the Company’s common stockholders was a result of: ● Total revenue was approximately $16.8 million for the year ended December 31, 2025 compared to approximately $18.9 million for the same period in 2024, a decrease of approximately $2.1 million or 11.2%. As of December 31,”

Presidio Property Trust, Inc. reported a default on loan of original principal amount of $17,727,500.00 with Wells Fargo Bank, National Association (the "Lender") at default interest rate equal to the lesser of (i) the maximum rate permitted by a.

“On January 21, 2026, Presidio Property Trust, Inc. (the "Company") and NetREIT SC II, LLC, a subsidiary of the Company (the "Borrower"), received a notice (the "Default Notice") from Wells Fargo Bank, National Association (the "Lender") alleging that the Borrower's failure to repay in full by January 5, 2026 the indebtedness owed under that certain promissory note dated as of December 24, 2015 issued to The Bancorp Bank (the "Original Lender") in the original principal amount of $17,727,500.00 (the "Note"), the related loan agreement, dated as of December 24, 2015 by and between Borrower and the Original Lender (the "Loan Agreement") and other related agreements (together with the Note and the Loan Agreement, the "Loan Documents"), constitutes an event of default under the Loan Documents.”

Presidio Property Trust, Inc. engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly , as the successor to Moss Adams, as the Company’s independent registered public accounting firm.”

Moss Adams LLP resigned as auditor of Presidio Property Trust, Inc..

“(the “Company”) was notified that Moss Adams LLP (“Moss Adams”), the Company’s independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025.”

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).

“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.”

David Bruen resigned as director at Presidio Property Trust, Inc..

“On April 10, 2025, David Bruen notified Presidio Property Trust, Inc. (the “Company”) of his resignation as a director of the Company, effective immediately.”

Presidio Property Trust, Inc. reported a default on loan of original principal amount of $11.1 million at default interest rate that is 5% above the original interest rate.

“On March 13, 2025, Presidio Property Trust, Inc. (the “Company”) received notice of a maturity date default of a loan in the original principal amount of $11.1 million evidenced by a promissory note issued on June 9, 2014.”

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

“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.”

Presidio Property Trust, Inc. reported three months ended March 31, 2024 results: revenue $4.8 million, net income approximately $5.8 million, EPS ($0.47) per basic and diluted share.

“for the three months ended March 31, 2023. The change in net income attributable to the Company’s common stockholders was a result of: ● Total revenues were approximately $4.8 million for the three months ended March 31, 2024, compared to approximately $4.1 million for the same period in 2023. As of March 31, 2024, we had approximately $135.3 million in net”

Presidio Property Trust, Inc. entered into Cooperation Agreement with Zuma Capital Management, LLC (effective 2024-05-09).

“On May 9, 2024, Presidio Property Trust, Inc. (the “Company”) entered into a cooperation agreement (the “Cooperation Agreement”) with Zuma Capital Management, LLC (“Zuma”)”

Elena Piliptchak was appointed as Class III member of the Board at Presidio Property Trust, Inc..

“Effective May 9, 2024, Elena Piliptchak has been appointed as a Class III member of the Board.”

Presidio Property Trust, Inc.: The Board approved a resolution to classify the Board into three classes with staggered three-year terms, and filed Articles Supplementary to elect classification under MGCL Section 3-803, effective March 18, 2024 (effective 2024-03-18).

“The Board of Directors (the “Board”) of Presidio Property Trust, Inc., a Maryland corporation (the “Company”), approved a resolution to classify the Board pursuant to Section 3-803 of the Maryland General Corporation Law (“MGCL”) into three classes with directors serving three year terms.”

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

“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.”

Presidio Property Trust, Inc. reported the quarter ended September 30, 2023 results: net income approximately $20.96 million, EPS $1.77 per basic and diluted share.

“Net income attributable to the Company’s common stockholders for the three months ended September 30, 2023 was approximately $20.96 million, or $1.77 per basic and diluted share”

Edwin H. Bentzen IV was appointed as Chief Financial Officer at Presidio Property Trust, Inc..

“Effective September 22, 2023, the Company appointed Mr. Edwin H. Bentzen IV, age 47, to serve as its Chief Financial Officer.”

Adam Sragovicz resigned as Chief Financial Officer at Presidio Property Trust, Inc..

“On September 22, 2023, Adam Sragovicz notified Presidio Property Trust, Inc. (the “Company”) of his resignation as Chief Financial Officer, effective immediately.”

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

“June 6, 2023, Presidio Property Trust, Inc. (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business day period between April 21, 2023, through June 5, 2023, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar d”

Presidio Property Trust, Inc. reported the quarter ended March 31, 2023 results: net income $(1,530,988), EPS $(0.13) per basic and diluted share.

“Net loss attributable to the Company's common stockholders for the three months ended March 31, 2023, was approximately $(1,530,988), or $(0.13) per basic and diluted share”

Presidio Property Trust, Inc. reported financial results for the year ended December 31, 2022.

“On March 28, 2023, Presidio Property Trust, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended December 31, 2022”

Presidio Property Trust, Inc. entered into Note with Murphy Canyon Acquisition Sponsor, LLC valued at $1,500,000 (effective 2023-03-07).

“On March 7, 2023, Murphy Canyon Acquisition Corp. (the “SPAC”) issued a promissory note (the “Note”) in the principal amount of up to $1,500,000 to Murphy Canyon Acquisition Sponsor, LLC (the “Sponsor”), a wholly owned subsidiary of Presidio Property Trust, Inc. (the “Company”) which serves as the sponsor for the SPAC, in connection with the extension of the termination date for the SPAC’s initial business combination (the “Initial Business Combination”) from February 7, 2023, to February 7, 2024, on a month-to-month basis.”

Steven Hightower was appointed as Director at Presidio Property Trust, Inc..

“On February 24, 2023, the Board of Directors (the “Board”) of Presidio Property Trust, Inc. (the “Company”) appointed Tracie Hager and Steven Hightower as directors.”

Tracie Hager was appointed as Director at Presidio Property Trust, Inc..

“On February 24, 2023, the Board of Directors (the “Board”) of Presidio Property Trust, Inc. (the “Company”) appointed Tracie Hager and Steven Hightower as directors.”

Sumner J. Rollings departed as Director at Presidio Property Trust, Inc..

“Presidio Property Trust, Inc. (the “Company”) regrets to announce that Sumner J. Rollings passed away on February 14, 2022.”

Presidio Property Trust, Inc. reported the three months ended September 30, 2022 results: net income approximately $(1,302,000), EPS $(0.11) per basic and diluted share.

“Quarter Ended September 30, 2022, Financial Results Net loss attributable to the Company’s common stockholders for the three months ended September 30, 2022, was approximately $(1,302,000), or $(0.11) per basic and diluted share”

Adam Sragovicz departed as Chief Financial Officer at Presidio Property Trust, Inc..

“Adam Sragovicz, the Chief Financial Officer of Presidio Property Trust, Inc. (the “Company”), is expected to resign from all positions with the Company upon the closing of the business combination transaction and join the combined company as its Chief Financial Officer.”

Gary Katz was appointed as Chief Investment Officer at Presidio Property Trust, Inc..

“Effective December 16, 2021, Presidio Property Trust, Inc. (“Company”) appointed Mr. Gary Katz, age 58, to serve as its Chief Investment Officer.”