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    Presidio Property Trust Inc. filed SEC Form 8-K: Leadership Update

    4/16/25 4:00:21 PM ET
    $SQFT
    Real Estate Investment Trusts
    Real Estate
    Get the next $SQFT alert in real time by email
    false 0001080657 0001080657 2025-04-10 2025-04-10 0001080657 SQFT:SeriesCommonStock0.01ParValuePerShareMember 2025-04-10 2025-04-10 0001080657 SQFT:Sec9.375SeriesDCumulativeRedeemablePerpetualPreferredStock0.01ParValuePerShareMember 2025-04-10 2025-04-10 0001080657 SQFT:SeriesCommonStockPurchaseWarrantsToPurchaseSharesOfCommonStockMember 2025-04-10 2025-04-10 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): April 10, 2025

     

    PRESIDIO PROPERTY TRUST, INC.

    (Exact Name of Registrant as Specified in its Charter)

     

    Maryland   001-34049   33-0841255
    (State or Other Jurisdiction
    of Incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification No.)

     

    4995 Murphy Canyon Road, Suite 300

    San Diego, California 92123

     

    (Address of Principal Executive Offices, Including Zip Code)

     

    Registrant’s telephone number, including area code: (760) 471-8536

     

    Not Applicable

     

    (Former Name or Former Address, if Changed Since Last Report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act: None.

     

    Title of each class   Trading Symbol   Name of each exchange on which registered
             
    Series A Common Stock, $0.01 par value per share   SQFT   The Nasdaq Stock Market LLC
             
    9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share   SQFTP   The Nasdaq Stock Market LLC
             
    Series A Common Stock Purchase Warrants to Purchase Shares of Common Stock   SQFTW   The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On April 10, 2025, David Bruen notified Presidio Property Trust, Inc. (the “Company”) of his resignation as a director of the Company, effective immediately. Mr. Bruen’s resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices.

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      Presidio Property Trust, Inc.
         
    Date: April 16, 2025 By: /s/ Ed Bentzen
      Name: Ed Bentzen
      Title: Chief Financial Officer

     

     

     

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