Company: SQFTP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001437749-25-034461
Chunk: 167

Company: Presidio Property Trust, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 167
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 Dubose received pro-rata distributions and return of capital payments of $101,889 during the year ended  December 31, 2024, inclusive of pro-rata distributions and return of capital payments received in the nine months ended  September 30, 2024 described above.  

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   16. SUBSEQUENT EVENTS
    
   The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date the financial statements were issued. Based upon this review, except as disclosed below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements other than those disclosed below.
    
   On  October 7, 2025, the Company declared a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of  October 2025,  November 2025 and  December 2025.  In accordance with the terms of the Series D Preferred Stock, the  October 2025 Series D dividend will be payable in cash in the amount of $0.19531 per share on  November 17, 2025, to stockholders of record of Series D Preferred Stock as of the dividend record date of  October 31, 2025. The  November 2025 Series D dividend will be payable in cash in the amount of $0.19531 per share on  December 15, 2025, to stockholders of record of Series D Preferred Stock as of the dividend record date of  November 30, 2025. The  December 2025 Series D dividend will be payable in cash in the amount of $0.19531 per share on  January 15, 2026, to stockholders of record of Series D Preferred Stock as of the dividend record date of  December 31, 2025.

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion should be read in conjunction with our consolidated financial statements and the notes thereto appearing in Item 1 of this report and the more detailed information contained in our 2024 year end Annual Report.

We may refer to the three months ended September 30, 2025 and September 30, 2024, as the "2025 Quarter" and the "2024 Quarter