Company: SQFTP
Filing Date: 2025-08-25
Form Type: 424B3
Source: 0001493152-25-012275
Chunk: 49

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-25
Form: 424B3
Chunk 49
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 33 |

Our Board of Directors may increase the ownership limit from time to time.

Our charter also prohibits:

| ● | any person from beneficially                                                                                                         
 or constructively owning shares of our stock that would result in our being “closely held” under Section 856(h) of the               
 Code (without regard to whether the ownership interest is held during the last half of a taxable year) or otherwise cause us to fail 
 to qualify as a REIT; and                                                                                                            |

| ● | subject to certain exceptions                                                                                                             
 relating to transactions through the facilities of the NYSE or any other national securities exchange or automated inter-dealer quotation 
 system, any person from transferring shares of our stock if the transfer would result in shares of our stock being beneficially owned     
 by fewer than 100 persons.                                                                                                                |

Any person who acquires or attempts or intends to acquire beneficial or constructive ownership of shares of our stock that will or may violate the ownership limit or any of the other restrictions on ownership and transfer of our stock, and any person who is the intended transferee of shares of our stock that are transferred to a trust for the benefit of one or more charitable beneficiaries described below, must give immediate written notice of such an event or, in the case of a proposed or attempted transfer, give at least 15 days’ prior written notice to us and provide us with such other information as we may request in order to determine the effect of the transfer on our status as a REIT. The provisions of our charter relating to the restrictions on ownership and transfer of our stock will not apply if the Board of Directors determines that it is no longer in our best interests to continue to qualify as a REIT and, upon receipt of a recommendation to that effect from the Board of Directors, the holders of shares of common stock, by a vote of a majority of the votes entitled to be cast on the matter, determine that we shall revoke or otherwise terminate our REIT election. The holders of shares of common stock, upon receipt of a recommendation from the Board of Directors, may also determine that compliance with any of the restrictions set forth above is no longer required in order for us to qualify as a REIT and cause us to amend the charter to remove any such restriction or limitation.

Any attempted transfer of our stock that, if effective, would result in our stock being beneficially owned by fewer than 100 persons will be null and void. Any attempted transfer of our stock that, if effective, would result in a violation of the ownership limit