Presidio Property Trust, Inc. announced on December 6, 2024, that it has received a second 180-day extension from Nasdaq's Listing Qualification Department.
This extension, through June 2, 2025, allows the company additional time to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.
The company's common stock must maintain a closing bid price of at least $1.00 for a minimum of ten consecutive business days to satisfy this requirement.
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