Company: SQFTP
Filing Date: 2025-08-25
Form Type: 424B3
Source: 0001493152-25-012275
Chunk: 51

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-25
Form: 424B3
Chunk 51
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 then the trustee may not rescind or recast the vote.

| 34 |

Within 20 days of receiving notice from us of a transfer of shares to the trust, the trustee must sell the shares to a person, designated by the trustee who would be permitted to own the shares without violating the ownership limit or the other restrictions on ownership and transfer of our stock in our charter. Upon such sale of the shares, the interest of the charitable beneficiary in the shares transferred to the trust will terminate and the trustee must distribute to the proposed transferee an amount equal to the lesser of:

| ● | the price paid by the proposed                                                                                                    
 transferee for the shares (or, if the proposed transferee did not give value in connection with the transfer or other event that  
 resulted in the transfer to the trust (e.g., a gift, devise or other such transaction), the market price (as such term is defined 
 in the charter) of the shares on the day of the event that resulted in the transfer of such shares to the trust); and             |

| ● | the price per share received                                                       
 by the trustee from the sale or other disposition of the shares held in the trust. |

Any net proceeds in excess of the amount payable to the proposed transferee must be immediately paid to the charitable beneficiary. If the shares are sold by the proposed transferee before we discover that they have been transferred to the trust, the shares will be deemed to have been sold on behalf of the trust and the proposed transferee must pay to the trustee, upon demand, the amount, if any, that the proposed transferee received in excess of the amount that the proposed transferee would have received had the shares been sold by the trustee.

Shares of our stock held in the trust will be deemed to be offered for sale to us, or our designee, at a price per share equal to the lesser of:

| ● | the price per share in                                                                                                           
 the transaction that resulted in the transfer to the trust (or, in the case of a devise or gift, the market price at the time of 
 such devise or gift); and                                                                                                        |

| ● | the market price on the                              
 date we accept, or our designee accepts, such offer. |

We may accept the offer until the trustee has otherwise sold the shares of our stock held in the trust. Upon a sale to us, the interest of the charitable beneficiary in the shares sold will terminate and the trustee must distribute the net proceeds of the sale to the proposed transferee and