Presidio Granted Second 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule

December 15, 2023

https://www.globenewswire.com/news-release/2023/12/06/2791783/0/en/Presidio-Granted-Second-180-Day-Period-by-Nasdaq-to-Regain-Compliance-with-Minimum-Bid-Price-Rule.html

SAN DIEGO, Dec. 06, 2023 (GLOBE NEWSWIRE) — Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ:SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that the Company has been granted an additional 180-day period from Nasdaq’s Listing Qualification Department, through June 3, 2024, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.   The Company’s common stock continues to trade on the Nasdaq Capital Market under the symbol “SQFT.”

Read more at globenewswire.com

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