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Presidio Property Trust, Inc. logo
SQFT$0.88+6.02%

Presidio Property Trust, Inc.

Sector: Real Estate Investment TrustsIndustry: REIT - DiversifiedCountry: USExchange: Nasdaq

Mkt Cap$1.99M
Float & O/S
Inst Own

DilutionScan read 38 of Presidio Property Trust, Inc.'s SEC filings and found 4 warrant series, 1 convertible, 2 ATM programs, 2 shelf registrations, 4 S-1 registrations and 2 completed offerings on file for SQFT. The latest dilution event on file is a securities exchange on Oct 2, 2026. Analysis updated Nov 3, 2026.

Signal8 Summary

SQFT

Distressed micro-cap, dividend cut, heavy dilution

Snapshot

Presidio is a tiny diversified REIT with $16.8M in FY 2025 revenue, down 11% YoY, and a $8.3M net loss, roughly half of revenue.

What's Happening Right Now

  • : Presidio launched an exchange offer giving Series D preferred holders 5.5 common shares each, after suspending the preferred's dividend in January 2026; full participation would grow common shares outstanding by 373%.
  • : The Series D preferred stock collapsed from a $14-16 range into the $4-9 range through Q2 2026, a sign the market doubts the dividend will resume even as the exchange offer proceeds.
  • : Q2 2026 revenue fell 13% YoY to $3.8M with a $4.4M net loss including $3.0M of impairments; the Shea Center II property was lost to foreclosure on July 1, 2026, and cash sits at $5.9M.
  • : Presidio extended its largest tenant, Johns Hopkins University, at its fully-leased Baltimore property for five more years through December 31, 2031.

Raise routes on file: active ATM + effective shelf + effective S-1 · latest dilution event 32 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Oct 2, 2026 · Exchange

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

S-1 · 4

What is this?

Size, shares registered and dates with Pro

S-1 · resale registration

Issued 2025

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2025

Effective

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2021

Expired

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

S-1 · primary offering

Issued 2026

Completed

Proposed maximum

Shares registered

Filed
Effective
Filing link and full terms

Warrants · 4

What is this?

Exercise price, shares and dates with Pro

Common Stock Warrants (July 2021 private placement; amended July 14, 2025)

Issued 2021

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Placement Agent Warrants (July 2021 offering)

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Warrant

Issued 2022

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Pre-Funded Warrants (July 2025 registered direct offering)

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Convertibles · 1

What is this?

Principal, conversion terms and dates with Pro

Series D Cumulative Redeemable Perpetual Preferred Stock

Outstanding

Principal

Conversion Price

Remaining principal
Shares on conversion
Interest rate
Maturity
Filing link and full terms

ATM · 2

What is this?

Capacity, sold to date and agent with Pro

ATM program

Issued 2021

Lapsed

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

ATM program

Issued 2025

Active

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

Shelf · 2

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2024

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2020

Superseded

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 2

What is this?

Proceeds, price, shares and agent with Pro

Offering

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

Registered direct offering

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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