Presidio Regains Compliance with Nasdaq Minimum Bid Price Requirement

December 21, 2023

https://www.globenewswire.com/news-release/2023/12/21/2800347/0/en/Presidio-Regains-Compliance-with-Nasdaq-Minimum-Bid-Price-Requirement.html

SAN DIEGO, Dec. 21, 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 it has received formal notice from the Nasdaq Stock Market, LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). As previously disclosed, the Company received a written notice from Nasdaq on June 6, 2023 notifying the Company that it had failed to meet the $1.00 per share minimum bid price requirement for continued inclusion on the Nasdaq Capital Market.

Read more at globenewswire.com

Related news for (SQFT)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.