Company: SQFTP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001437749-25-034461
Chunk: 151

Company: Presidio Property Trust, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 151
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 automatically increased their relative percentage ownership interest in the Company and our future operations, including any liquidity events that we
      may have in the future.  Another purpose of the Offer was to reduce the number of our issued and outstanding shares and to reduce or eliminate all of our odd lots.  Overall, we believe that the Offer was a prudent use of our financial resources given our business profile, capital structure, assets and liabilities.

   Cash Dividends on Common Stock and Preferred Stock. For the nine months ended  September 30, 2025 and 2024 the Company did not declare a cash dividend on shares of Series A Common Stock. For the nine months ended  September 30, 2025 and 2024 the Company declared and paid approximately $1.7 million and $1.7 million, respectively, in cash dividends on shares of Series D Preferred Stock. Cash permitting, the Company intends to continue to pay dividends on a monthly basis to holders of our Series D Preferred Stock going forward, but there can be no guarantee the Board of Directors will approve any future dividends.  The Company has not decided when it will resume dividends to our common stockholders on a quarterly basis. The following is a summary of distributions declared per share of our Series A Common Stock and for our Series D Preferred Stock for the nine months ended  September 30, 2025 and 2024.

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   Series A Common Stock

     Quarter Ended   2025    2024  
   Distributions Declared    Distributions Declared  
 March 31  $—  $— 
 June 30   —   — 
 September 30   —   — 
 Total  $—  $— 

   Series D Preferred Stock

     Month   2025    2024  
   Distributions Declared    Distributions Declared  
 January  $0.19531  $0.19531 
 February   0.19531   0.19531 
 March   0.19531   0.19531 
 April   0.19531   0.19531 
 May   0.19531   0.19531 
 June   0.19531   0.19531 
 July   0.19531   0.195