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Presidio Property Trust, Inc. 8-K Report: Key Stock Updates & Insights

$SQFT
Form 8-K
Filed on: 2025-02-24
Source
Presidio Property Trust, Inc. 8-K Report: Key Stock Updates & Insights

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Information:
  • Name: Presidio Property Trust, Inc.
  • CIK: 0001080657
  • Address: 4995 Murphy Canyon Road Suite 300, San Diego, CA 92123
  • Phone: (760) 471-8536
  1. Filing Details:
  • Form: 8-K
  • Filing Date: February 24, 2025
  • SEC File Number: 001-34049
  • IRS Number: 33-0841255
  1. Stock Information:
  • Series A Common Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: SQFT (NASDAQ)
  • 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock:
    • Par Value: $0.01 per share
    • Ticker Symbol: SQFTP (NASDAQ)
  • Series A Common Stock Purchase Warrants:
    • Ticker Symbol: SQFTW (NASDAQ)
  1. Context Period:
  • The information pertains to the date of February 24, 2025, suggesting that this is a report or event disclosure related to that specific date.
  1. Segments and Class of Stock:
  • The report includes references to specific classes of stock:
    • Series Common Stock ($0.01 par value)
    • 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock ($0.01 par value)
    • Warrants to purchase shares of common stock.
  1. Financial Reporting Standards:
  • The report is prepared in accordance with US GAAP (Generally Accepted Accounting Principles).

Insights:

  • The filing reflects a significant update or event concerning the company’s stock offerings, which may be relevant for investors and analysts monitoring Presidio Property Trust, particularly regarding their preferred stock and common stock warrants.
  • The inclusion of both common and preferred stock indicates a structured capital raising strategy, potentially appealing to different classes of investors.
  • The report being filed on Form 8-K suggests that it is reporting a significant event that shareholders need to be aware of, which could influence trading activity and investor sentiment.

This summary encapsulates the essential aspects of the financial report section provided, focusing on the company details, stock offerings, and compliance with reporting standards.