Company: SQFTP
Filing Date: 2025-10-28
Form Type: DRS
Source: 0001493152-25-019889
Chunk: 54

Company: Presidio Property Trust, Inc.
Filing Date: 2025-10-28
Form: DRS
Chunk 54
---
 of our Series A Common Stock purchased upon such exercise by wire transfer or cashier’s check.

Transferability of Warrants; Listing

The Warrants shall initially be issued and maintained in the form of a security held in book-entry form and the Depository Trust Company or its nominee shall initially be the sole registered holder of the warrants, subject to a holder’s right to elect to receive a warrant in certificated form pursuant to the terms of the warrant agent agreement, in which case this sentence shall not apply.

The Warrants may be sold, transferred or assigned, in whole or in part. The Warrants commenced trading on Nasdaq on January 24, 2022 under the symbol SQFTW.

Fractional Shares

No fractional shares or scrip representing fractional shares shall be issued upon the exercise of the Warrants. As to any fraction of a share which the holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the exercise price or round up to the next whole share.

Rights as a Stockholder

Until warrant holders acquire shares of our Series A Common Stock upon exercise of the Warrants, warrant holders will have no rights with respect to the shares of our Series A Common Stock underlying such warrants. Upon the acquisition of shares of our Series A Common Stock upon exercise of the Warrants, the holders thereof will be entitled to exercise the rights of a common stockholder only as to matters for which the record date for the matter occurs after the exercise date of the Warrants.

Exchange Listing

The Warrants trade on the Nasdaq Capital Market under the symbol “SQFTW”.

| 36 |

<div align='center'>PLAN OF DISTRIBUTION</div>

We are offering up to 1,445,007 Warrant Shares issuable upon exercise of outstanding Warrants. The Warrants were distributed by the Company to its stockholders of record and holders of certain outstanding warrants as of January 14, 2022 pursuant to a registration statement on Form S-11 (File No. Registration No. 333-260885), which registration statement is now stale. The Warrants have a current exercise price of $70.00, expire on January 24, 2027, and, if not exercised prior to termination, entitle the holder thereof to receive 1/10 thof a share of Series A Common Stock per underlying Warrant Share upon the Warrant termination date for an aggregate