Presidio Property Trust is offering 5.5 newly issued Series A common shares for each validly tendered Series D preferred share, covering all outstanding Series D shares. The exchange offer gives holders a choice between the existing 9.375% perpetual preferred stock and common stock, with participation subject to each investor’s assessment of value, Liquidity needs and objectives.

Key Highlights

  • Presidio Property Trust commenced the exchange offer on September 2, 2026.
  • Holders will receive 5.5 newly issued Series A Common Stock shares for each validly tendered, unwithdrawn and accepted Series D Preferred Stock share.
  • The exchange offer expires October 2, 2026, unless Presidio extends or earlier terminates it.

Series D Exchange Terms and October 2 Deadline

The exchange offer began on September 2, 2026. Presidio Property Trust, Inc. (NASDAQ: SQFT) will not require a minimum number of Preferred Shares or financing conditions, although other conditions apply. Fractional common shares will not be issued. Brokers, dealers, banks, trust companies and custodians may set earlier deadlines for participation or withdrawal. As of September 2, 2026, 973,736 Series D Preferred Stock shares were outstanding. Broadridge Corporate Issuer Solutions, LLC is serving as both information agent and exchange agent.

Exchange Offer Participation

Their participation is not a recommendation for other holders to accept the offer. The board approved the exchange offer but is not recommending for or against participation.