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SAN DIEGO, CA / ACCESSWIRE / July 12, 2021 / (NASDAQ:SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust (“REIT”), today announced it has entered into a securities purchase agreement with a single U.S. institutional investor for the purchase and sale of 1,000,000 shares of its Class A common stock (“Common Stock”), warrants (“Common Stock Warrants”) to purchase up to 2,000,000 shares of Class A common stock and pre-funded warrants (“Pre-Funded Warrants”) to purchase up to 1,000,000 shares of Class A common stock. Each share of Common Stock and accompanying Common Stock Warrant are being sold together at a combined offering price of $5.00, and each share of Common Stock and accompanying Pre-Funded Warrant are being sold together at a combined offering price of $4.99.
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