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Presidio Property Trust Announces the Closing of $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

Presidio Property Trust Announces the Closing of $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

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SAN DIEGO, CA / ACCESSWIRE / July 14, 2021 / (NASDAQ:SQFT)(NASDAQ:SQFTP) Presidio Property Trust, an internally managed, diversified real estate investment trust (“REIT”), today announced that it closed the registered direct offering of 1,000,000 shares of Series A its common stock (“Common Stock”), warrants (“Common Stock Warrants”) to purchase up to 1,000,000 shares of Common Stock, and pre-funded warrants (“Pre-Funded Warrants”) to purchase up to 1,000,000 shares of Common Stock. Each share of Common Stock and accompanying Common Stock Warrant were sold together at a combined offering price of $5.00, and each share of Common Stock and accompanying Pre-Funded Warrant were sold together at a combined offering price of $4.99.

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