Heilbron Files SC 13D for Presidio Property Trust

TL;DR

**Heilbron files 13D on SQFT - watch this space.**

AI Summary

Jack Kendrick Heilbron filed a Schedule 13D on March 4, 2024, regarding his beneficial ownership of Presidio Property Trust, Inc. (ticker: SQFT). Heilbron previously held a significant stake and this filing indicates a change in his reporting status or holdings. The filing does not specify a dollar amount for his current stake but details his address and contact information.

Why It Matters

This filing by Jack Kendrick Heilbron signals a potential shift in control or significant shareholder activity for Presidio Property Trust, Inc., which could impact the stock's future performance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty and potential volatility.

Key Players & Entities

• Presidio Property Trust, Inc. (company) — Subject company
• Jack Kendrick Heilbron (person) — Filing person
• 74102L303 (other) — CUSIP number
• NETREIT, INC. (company) — Former company name

FAQ

Key Financial Figures

• $0.01 — uer) Series A Common Stock, Par Value $0.01 Per Share (Title of class of securiti
• $4,001.01 — On December 16, 2022, Mr. Heilbron used $4,001.01 in personal funds to purchase 4,000 sha
• $1.01 — s of Common Stock on the open market at $1.01 per share. On December 19, 2022, Mr.
• $3,000 — On December 19, 2022, Mr. Heilbron used $3,000 in personal funds to purchase 3,000 sha
• $1.00 — s of Common Stock on the open market at $1.00 per share. On December 19, 2022, Mr.
• $1,980 — On December 19, 2022, Mr. Heilbron used $1,980 in personal funds to purchase 2,000 sha
• $0.99 — s of Common Stock on the open market at $0.99 per share. On December 19, 2022, Mr.
• $1,272.83 — On December 19, 2022, Mr. Heilbron used $1,272.83 in personal funds to purchase 1,300 sha
• $0.9791 — s of Common Stock on the open market at $0.9791 per share. On December 19, 2022, Mr.
• $968 — On December 19, 2022, Mr. Heilbron used $968 in personal funds to purchase 1,000 sha
• $0.968 — s of Common Stock on the open market at $0.968 per share. On December 19, 2022, Mr.
• $954 — On December 19, 2022, Mr. Heilbron used $954 in personal funds to purchase 1,000 sha
• $0.954 — s of Common Stock on the open market at $0.954 per share. On December 19, 2022, Mr.
• $941 — On December 19, 2022, Mr. Heilbron used $941 in personal funds to purchase 1,000 sha
• $0.941 — s of Common Stock on the open market at $0.941 per share. On December 22, 2022, Mr.

Filing Documents

• formsc13d.htm (SC 13D) — 78KB
• 0001493152-24-008747.txt ( ) — 80KB

Purpose of Transaction

Item 4. Purpose of Transaction All of the Issuer’s securities owned by the Reporting Person have been acquired for investment purposes only. The Reporting Person has no present plans or proposals that relate to or would result in any of the actions required to be described in subsections (a) through (j) of Item 4 of Schedule 13D. The Reporting Person may, at any time, review or reconsider its positions with respect to the Issuer and formulate plans or proposals with respect to any of such matters but has no present intention of doing so. Item 5. Interest in Securities of the Issuer (a)-(b) The information in Items 7-11 and Item 13 of the cover page of this Schedule 13D, including the accompanying footnotes, is hereby incorporated by reference into this Item 5. (c) Except for the transactions which are the subject of this Schedule 13D, there were no other transactions effected in the last 60 days by the Reporting Person. (d) Except as described herein with respect to indirect holdings by the Reporting Person, the Reporting Person does not know of any other person having the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the securities described herein. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer The Reporting Person is entitled to receive a bonus of 1% of the value of the SPAC stock owned by the Issuer valued on the day which is six months and one day after the de-SPAC transaction was completed which the Reporting may elect to receive all or a portion of the bonus in Shares. Other than as described in the first paragraph of this Item 6, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any person with respect to any securities of the Issuer, including but not limited to transfer or voting of any other securities, finder’s fe

Material to Be Filed as Exhibits

Item 7. Material to Be Filed as Exhibits None. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: March 4, 2024 By: /s/ Jack K. Heilbron Jack K. Heilbron

View Full Filing

View this SC 13D filing on SEC EDGAR