Presidio Property Trust Announces Exchange Offer to Convert Series D to Common

What Happened

• On September 2, 2026, Presidio Property Trust, Inc. announced and commenced an exchange offer to accept any and all outstanding shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock in exchange for newly issued shares of its Series A Common Stock.
• Participating holders who validly tender and whose shares are accepted prior to 11:59 p.m., New York City time, on October 2, 2026 (the Expiration Date) will receive 5.5 shares of Series A Common Stock for each share of Series D Preferred Stock. The company filed a registration statement on Form S-4 (filed Aug 7, amended Aug 21) that was declared effective on September 2, 2026, and filed the final prospectus and a Schedule TO in connection with the offer. A press release was furnished as Exhibit 99.1 to the Form 8-K.

Key Details

• Exchange ratio: 5.5 shares of Series A Common per 1 share of 9.375% Series D Preferred.
• Expiration: 11:59 p.m., New York City time, on October 2, 2026 (may be extended or earlier terminated).
• Regulatory filings: Form S-4 declared effective Sept 2, 2026; final prospectus and Schedule TO filed with the SEC.
• The 8-K includes forward‑looking statements and directs investors to read the prospectus, Schedule TO and other filed documents (available at sec.gov) for full details.

Why It Matters

• If holders tender and the company accepts Series D shares, the transaction would convert preferred shares into common shares at the stated ratio, increasing the outstanding common share count and altering the company’s capital structure (including potential changes to preferred dividend obligations).
• Retail investors should review the S-4, prospectus and Schedule TO to understand the terms, tax consequences, potential dilution, and differences in rights between Series D preferred and Series A common before deciding whether to tender. The Form 8-K itself is not an offer — the prospectus/Schedule TO contain the complete terms.