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Presidio Property Trust offers 5.5 common shares for each Series D preferred share in exchange offer

PUBT·09/02/2026 14:00:18
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Presidio Property Trust offers 5.5 common shares for each Series D preferred share in exchange offer
  • Presidio Property Trust launched an exchange offer to swap all outstanding 9.375% Series D preferred shares for newly issued Series A common.
  • Holders tendering by 11:59 p.m. New York time on Oct. 2, 2026 receive 5.5 common shares per preferred share.
  • No fractional common shares issued; entitlements round up to the nearest whole share at the participant level.
  • Offer has no minimum tender condition or financing condition, but remains subject to other customary conditions.
  • About 973,736 Series D preferred shares were outstanding as of today; SQFTP and SQFT trade on Nasdaq.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Presidio Property Trust Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609021000ACCESSWRNAPR_____1215181) on September 02, 2026, and is solely responsible for the information contained therein.