Zuma Capital Amends Presidio Property Trust Stake

TL;DR

**Zuma Capital just updated its 13D on Presidio Property Trust, signaling a potential shift in their investment strategy.**

AI Summary

Zuma Capital Management filed an Amendment No. 1 to its Schedule 13D on February 22, 2024, regarding its ownership in Presidio Property Trust, Inc. The filing indicates a change in the information previously reported, specifically concerning the Series A Common Stock, $0.01 par value per share, of Presidio Property Trust, Inc. (CUSIP 74102L303). This amendment updates the initial Schedule 13D filing, suggesting a potential shift in Zuma Capital Management's beneficial ownership or investment intent.

Why It Matters

This amendment signals a potential change in a significant investor's position, which could influence Presidio Property Trust's stock performance and future strategic decisions.

Risk Assessment

Risk Level: low — This is an amendment to a Schedule 13D, indicating a change in previously reported information rather than a new, aggressive stake.

Key Players & Entities

• Zuma Capital Management (company) — Filing entity
• Presidio Property Trust, Inc. (company) — Subject company
• $0.01 (dollar_amount) — Par value per share of Series A Common Stock
• February 22, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — Name of Issuer) Series A Common Stock, $0.01 par value per share (Title of Class o
• $64,156 — y by ZCM Opportunities is approximately $64,156, including brokerage commissions. The a
• $3,054 — y by ZCM Opportunities is approximately $3,054, including brokerage commissions. The a
• $35,211 — rement Account”) is approximately $35,211, including brokerage commissions. The a
• $5,982 — rectly by Mr. Morrison is approximately $5,982, including brokerage commissions. The a
• $816 — rectly by Mr. Morrison is approximately $816, including brokerage commissions. The
• $57,002 — ectly by Samara Growth is approximately $57,002, including brokerage commissions. The a
• $60,010 — ectly by Samara Select is approximately $60,010, including brokerage commissions. The a
• $78,465 — rectly by Ouray Select is approximately $78,465.62, including brokerage commissions. Th
• $38,938 — by Ouray International is approximately $38,938.54, including brokerage commissions. Th
• $12,737 — ctly by Ms. Piliptchak is approximately $12,737, including brokerage commissions. The
• $485,071 — directly by Mr. Garfi is approximately $485,071. Item 5. Interest in Securities of the
• $1.1600 — s in multiple transactions ranging from $1.1600 to $1.2100 per Share. The Reporting Per
• $1.2100 — le transactions ranging from $1.1600 to $1.2100 per Share. The Reporting Persons undert
• $1.0600 — s in multiple transactions ranging from $1.0600 to $1.1500 per Share. The Reporting Per

Filing Documents

• sc13da114008002_02222024.htm (SC 13D/A) — 401KB
• 0000921895-24-000535.txt ( ) — 403KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration .

is hereby amended

Item 3 is hereby amended and restated as follows: The Shares purchased by ZCM Opportunities and held in the Retirement Account and certain separately managed accounts were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business). The aggregate purchase price of the 67,085 Shares owned directly by ZCM Opportunities is approximately $64,156, including brokerage commissions. The aggregate purchase price of the 80,765 Shares issuable upon the exercise of certain Series A Common Stock Purchase Warrants to Purchase Shares of Common Stock (the “Warrants”) owned directly by ZCM Opportunities is approximately $3,054, including brokerage commissions. The aggregate purchase price of the 30,076 Shares held in a certain retirement account (the “Retirement Account”) is approximately $35,211, including brokerage commissions. The aggregate purchase price of the 41,138 Shares held in certain separately managed accounts (the “SMAs”) is approximately $35,211, including brokerage commissions. The aggregate purchase price of the 7,000 Shares owned directly by Mr. Morrison is approximately $5,982, including brokerage commissions. The aggregate purchase price of the 25,147 Shares underlying the Warrants owned directly by Mr. Morrison is approximately $816, including brokerage commissions. The aggregate purchase price of the 51,427 Shares owned directly by Samara Growth is approximately $57,002, including brokerage commissions. The aggregate purchase price of the 50,991 Shares owned directly by Samara Select is approximately $60,010, including brokerage commissions. The aggregate purchase price of the 76,475 Shares owned directly by Ouray Select is approximately $78,465.62, including brokerage commissions. The aggregate purchase price of the 30,556 Shares owned directly by Ouray International is approximately $38,938.54, including brokerage commissions. The aggregate

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer . Items 5(a) through (c) are hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each person named herein is based on a denominator that is the sum of: (i) 13,129,943 Shares outstanding as of November 13, 2023, which is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2023, and (ii) 105,912 Shares underlying the Warrants. A. Zuma Capital Management (a) Zuma Capital Management, as the general partner and investment manager of ZCM Opportunities and the SMAs, may be deemed the beneficial owner of the (i) 100 Shares owned directly, (ii) 147,850 Shares owned directly by ZCM Opportunities, (iii) 30,076 Shares held in the Retirement Account and (iv) 41,138 Shares held in the SMAs. 15 CUSIP No. 74102L303 Percentage: Approximately 1.7% (b) 1. Sole power to vote or direct vote: 219,164 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 219,164 4. Shared power to dispose or direct the disposition: 0 (c) Zuma Capital Management has not entered into any transactions in the Shares since the filing of the Schedule 13D. B. ZCM Opportunities (a) As of the date hereof, ZCM Opportunities directly owned 147,850 Shares, including 80,765 Shares underlying certain Warrants. Percentage: Approximately 1.1% (b) 1. Sole power to vote or direct vote: 147,850 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 147,850 4. Shared power to dispose or direct the disposition: 0 (c) ZCM Opportunities has not entered into any transactions in the Shares since the filing of the Schedule 13D. C. Brent Morrison (a) Mr. Morrison, as the managing member of Zuma Capital Management, may be deemed the beneficial owner of the (i) 32,147 Shares owned directly, including 25,147 Shares un

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or her knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: February 22, 2024 Zuma Capital Management, LLC By: /s/ Brent Morrison Name: Brent Morrison Title: Managing Member ZCM Opportunities Fund, LP By: /s/ Brent Morrison Name: Brent Morrison Title: Managing Member /s/ Brent Morrison Brent Morrison Samara Growth Fund, LP By: Ouray Fund Management, LLC General Partner By: /s/ Elena Piliptchak Name: Elena Piliptchak Title: Managing Member Samara Select Fund, LP By: Ouray Fund Management, LLC General Partner By: /s/ Elena Piliptchak Name: Elena Piliptchak Title: Managing Member 20 CUSIP No. 74102L303 Ouray Select, LP By: Ouray Fund Management, LLC General Partner By: /s/ Elena Piliptchak Name: Elena Piliptchak Title: Managing Member Ouray Partners International Ltd. By: /s/ Elena Piliptchak Name: Elena Piliptchak Title: Sole Director Ouray Fund Management, LLC By: /s/ Elena Piliptchak Name: Elena Piliptchak Title: Managing Member Ouray Capital Management, LLC By: /s/ Elena Piliptchak Name: Elena Piliptchak Title: Managing Member /s/ Elena Piliptchak Elena Piliptchak /s/ Vito Garfi Vito Garfi /s/ Reuben Berman Reuben Berman /s/ Stefani Carter Stefani Carter 21 CUSIP No. 74102L303 SCHEDULE B Transactions in the Securities of the Issuer Since the Filing of the Schedule 13D Nature of Transaction Amount of Securities Purchased/(Sold) Price per Share ($) Date of Purchase/Sale SAMARA GROWTH FUND, LP Purchase of Common Stock 5,500 1.1774 2 01/24/2024 Purchase of Common Stock 11,800 1.0997 3 02/20/2024 SAMARA SELECT FUND, LP Purchase of Common Stock 140 1.1500 01/03/2024 Purchase of Common Stock 5,500 1.2100 01/24/2024 Purchase of Common Stock 11,900 1.1178 4 02/20/2024

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View this SC 13D/A filing on SEC EDGAR