Presidio Property Trust, Inc. Files Amendment to Annual Report

TL;DR

<b>Presidio Property Trust, Inc. has filed an amendment to its 2023 annual report, detailing its corporate information and registered securities.</b>

AI Summary

Presidio Property Trust, Inc. (SQFTW) filed a Amended Annual Report (10-K/A) with the SEC on April 26, 2024. Presidio Property Trust, Inc. filed an amendment (Amendment No. 2) to its annual report on Form 10-K for the fiscal year ended December 31, 2023. The company's principal executive offices are located at 4995 Murphy Canyon Road, Suite 300, San Diego, CA 92123. Presidio Property Trust, Inc. is incorporated in Maryland and has an IRS Employer Identification Number of 33-0841255. The company's common stock (SQFT), preferred stock (SQFTP), and warrants (SQFTW) are registered on The Nasdaq Stock Market LLC. The filing indicates that the company has filed all required reports for the last 12 months and has been subject to these filing requirements for the past 90 days.

Why It Matters

For investors and stakeholders tracking Presidio Property Trust, Inc., this filing contains several important signals. This amendment provides updated or clarified information regarding the company's financial reporting and corporate structure, which is crucial for investors to have the most accurate and current data. The confirmation of compliance with filing requirements reassures stakeholders about the company's adherence to regulatory obligations.

Risk Assessment

Risk Level: low — Presidio Property Trust, Inc. shows low risk based on this filing. The filing is an amendment to a previous report and does not introduce new financial performance data, suggesting no immediate material changes in risk profile.

Analyst Insight

Review the full amendment to understand the specific nature of the changes made to the original 10-K filing.

Key Numbers

• 2023-12-31 — Fiscal Year End (Fiscal year ended date)
• 2024-04-26 — Filing Date (Date of filing for the amendment)
• 001-34049 — Commission File Number (SEC file number)

Key Players & Entities

• Presidio Property Trust, Inc. (company) — Registrant name
• 4995 Murphy Canyon Road, Suite 300, San Diego, CA 92123 (location) — Principal executive offices address
• Maryland (location) — State of incorporation
• 33-0841255 (organization_id) — IRS Employer Identification Number
• SQFT (ticker) — Trading symbol for Series A Common Stock
• SQFTP (ticker) — Trading symbol for Series D Cumulative Redeemable Perpetual Preferred Stock
• SQFTW (ticker) — Trading symbol for Series A Common Stock Purchase Warrants
• The Nasdaq Stock Market LLC (company) — Exchange where securities are registered

FAQ

Industry Context

Presidio Property Trust, Inc. operates as a Real Estate Investment Trust (REIT).

Regulatory Implications

The company is subject to the reporting requirements of the Securities Exchange Act of 1934, including filing annual reports (10-K) and amendments.

What Investors Should Do

1. Review the full amendment for specific details on any changes made to the original 10-K.
2. Verify the current status and trading information for SQFT, SQFTP, and SQFTW on Nasdaq.
3. Monitor future filings for any financial performance updates or strategic changes.

Key Dates

• 2023-12-31: Fiscal Year End — Reporting period for the annual report
• 2024-04-26: Filing Date — Date of filing for the 10-K/A amendment

Year-Over-Year Comparison

This is an amendment (No. 2) to the previously filed 2023 Form 10-K, indicating updates or corrections to the original submission.

Key Financial Figures

• $0.01 — ich Registered Series A Common Stock, $0.01 par value per share SQFT The Nasdaq
• $120,000 — within the last three years, more than $120,000 in direct compensation from us and/or a
• $200,000 — ee fiscal years, exceeds the greater of $200,000, or 5% of such other company's consolid

Filing Documents

• form10-ka.htm (10-K/A) — 681KB
• ex31-1.htm (EX-31.1) — 18KB
• ex31-2.htm (EX-31.2) — 19KB
• 0001493152-24-016422.txt (&nbsp;) — 1053KB
• sqft-20231231.xsd (EX-101.SCH) — 4KB
• sqft-20231231_def.xml (EX-101.DEF) — 28KB
• sqft-20231231_lab.xml (EX-101.LAB) — 39KB
• sqft-20231231_pre.xml (EX-101.PRE) — 27KB
• form10-ka_htm.xml (XML) — 11KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 9 ITEM 12.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 23 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE 25 ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES 26 Part IV ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 27 i EXPLANATORY NOTE Presidio Property Trust, Inc., sometimes referred to as "Presidio", "we," "our," or the "Company" is filing this Amendment No. 2 on Form 10-K/A, or this Amendment, to its Annual Report on Form 10-K for the year ended December 31, 2023, originally filed on April 16, 2024 (as amended on April 17, 2024, the "Original Report"), for the sole purpose of including the information required by Part III of Form 10-K. This information was previously omitted from the Original Report in reliance on General Instruction G(3) to Form 10-K, which permits the information in the above referenced items to be incorporated in the Form 10-K by reference from our definitive proxy statement if such statement is filed no later than 120 days after our fiscal year-end. We are filing this Amendment to provide information required in Part III of Form 10-K because a definitive proxy statement containing such information will not be filed by the Company within 120 days after the end of the fiscal year covered by the Form 10-K. In accordance with Rule 12b-15 under the Securities and Exchange Act of 1934, as amended, or the Exchange Act, Part III, Items 10 through 14 of the Original Report are hereby amended and restated in their entirety, and Part IV, Item 15 of the Original Report is hereby amended and restated in its entirety, with the only changes being the additions of the new certifications by our principal executive officer and principal financial officer filed herewith. This Amendment does not amend or otherwise update any other information in the Original Report. Accordingly, this Amendment should be read in conjunction with the Original Report and with our

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View this 10-K/A filing on SEC EDGAR