Presidio Property Trust Prices Registered Direct Offering of $2.05M Common Stock

Presidio Property Trust has announced a registered direct offering of common stock with a single institutional investor for 170,830 shares at $12.00 per share, resulting in gross proceeds of approximately $2.05 million. The closing is expected on or about July 15, 2025, subject to customary conditions. The Company will use the net proceeds for general corporate purposes.

Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed real estate investment trust, has announced a registered direct offering of common stock with a single institutional investor. The offering consists of 170,830 shares at $12.00 per share, resulting in gross proceeds of approximately $2.05 million [1].

The closing of the offering is expected to occur on or about July 15, 2025, subject to customary closing conditions [1]. The net proceeds from the offering will be used for general corporate purposes. Additionally, the Company has agreed to amend existing warrants to purchase up to an aggregate of 200,000 shares of common stock, reducing the exercise price to $12.00 per share [1].

The transaction is being facilitated by A.G.P./Alliance Global Partners, acting as the sole placement agent for the offering [1]. The offering is made pursuant to an effective shelf registration statement on Form S-3, which was declared effective by the Securities and Exchange Commission (SEC) on May 17, 2024 [1].

Presidio Property Trust's holdings include model home properties, which are triple net leased to homebuilders, and office, industrial, and retail properties. The company's model homes are located in Arizona, Texas, and Florida, while its office, industrial, and retail properties are primarily located in Colorado, with additional properties in Maryland, North Dakota, Texas, and Southern California [1].

The offering comes with several potential implications. On the positive side, the successful raising of approximately $2.05 million enhances the Company's financial flexibility for working capital and general corporate purposes. Additionally, the amended warrants may incentivize warrant holders to exercise their options, potentially contributing to the company's liquidity [2].

However, the offering also carries potential risks. The Company has noted several factors that could affect its financial outcomes, including the ability to renew leases, lease vacant space, or re-lease space as leases expire, as well as the risks inherent to real estate investments and the industry [1].

Investors should carefully review the Offer Documents and other filings with the SEC for further discussion of the factors that could affect outcomes. For more information on Presidio, please visit Presidio’s website at [https://www.PresidioPT.com](https://www.PresidioPT.com) [1].

References:
[1] https://finance.yahoo.com/news/presidio-property-trust-announces-pricing-180100934.html
[2] https://www.quiverquant.com/news/Presidio+Property+Trust+Announces+%242.05+Million+Registered+Direct+Offering+of+Common+Stock