Presidio Property Trust Initiates 1-for-10 Reverse Stock Split

The reverse split aims to support compliance and enhance share value as trading adjustment begins May 19.

May 19, 2025

Structural change takes effect at market open

Presidio Property Trust is making a structural shift. On May 19, the company will implement a 1-for-10 reverse stock split for its Series A common stock. That means every ten shares will convert into one—adjusting the number of outstanding shares without altering total shareholder value.

This move was approved by the board and formalized through an amendment filed with the State of Maryland on May 16. Trading on the adjusted basis begins Monday morning.

What this means for shareholders

For shareholders, the mechanics are straightforward. If you hold shares today, you’ll see your quantity shrink by a factor of ten, with the price per share adjusted accordingly. Existing warrants tied to the common stock will also reflect the new structure.

Rationale and market implications

Reverse splits often help companies manage their capital structure more effectively. In this case, the change supports compliance with Nasdaq’s listing standards while positioning Presidio’s stock for greater price stability.

The company operates under the tickers SQFT(common stock), SQFTP(preferred shares), and SQFTW(warrants), all of which remain unchanged post-split. The announcement was shared in a press release dated May 14.

Presidio has not indicated any changes to its core operations or other securities. The reverse split is focused purely on the structure of its Series A common stock—giving the company more flexibility and alignment with exchange requirements as it looks ahead.