Company: SQFTP
Filing Date: 2025-08-14
Form Type: S-11
Source: 0001493152-25-011985
Chunk: 19

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-14
Form: S-11
Chunk 19
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 the date on which we make it. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable securities laws.

<div align='center'>USE OF PROCEEDS</div>

We will not receive any proceeds from the sale of the Series A Common Stock by the selling stockholder. We will, however, receive the proceeds of any Common Stock Warrants exercised for cash in the future.

The holder of the Common Stock Warrants is not obligated to exercise the Common Stock Warrants, and we cannot predict whether the holder of the Common Stock Warrants will choose to exercise the Common Stock Warrants. If the Common Stock Warrants are exercised in full, we would receive gross proceeds of approximately $2,400,000. We currently intend to use such proceeds, if any, for general corporate and working capital purposes, including to potentially acquire additional properties.

<div align='center'>DISTRIBUTION POLICY</div>

We intend to operate in a manner that will allow us to continue to qualify as a REIT for federal income tax purposes. U.S. federal income tax law requires that a REIT distribute annually at least 90% of its net taxable income, excluding net capital gains, and that it pay regular U.S. federal corporate income tax on any undistributed net taxable income, including net capital gains. In addition, a REIT is required to pay a 4% nondeductible excise tax on the amount, if any, by which the distributions that it makes in a calendar year are less than the sum of 85% of its ordinary income, 95% of its capital gain net income and 100% of its undistributed income from prior years. For more information, please see “U.S. Federal Income Tax Considerations.”

We intend to continue to declare distributions, however, we cannot provide any assurance as to the amount or timing of future distributions. Our goal is to make cash dividend distributions out of our operating cash flow and proceeds from the sale of properties. During 2024, we did not pay distributions to holders of our Series A Common Stock. During 2023, we paid distributions to our holders of Series A Common Stock of approximately $1.2 million. During the year ended December 31, 2023, all dividends to holders of