Current Report Filing (8-k)
February 07 2022 - 4:06PM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): February 7, 2022
PRESIDIO
PROPERTY TRUST, INC.
(Exact
name of registrant as specified in its charter)
Maryland
|
|
33-0841255
|
(State
or other jurisdiction
of
incorporation or organization
|
|
(I.R.S.
employer
identification
no.)
|
4995
Murphy Canyon Road, Suite 300
San
Diego, CA 92123
(Address
of principal executive offices)
(760)
471-8536
(Registrant’s
telephone number, including area code)
Title
of each class of registered securities
|
|
Trading
Symbol(s)
|
|
Name
of each exchange on which registered
|
Series
A Common Stock, $0.01 par value per share
|
|
SQFT
|
|
The
Nasdaq Stock Market LLC
|
|
|
|
|
|
9.375%
Series D Cumulative Redeemable Perpetual Preferred Stock $0.01 par value per share
|
|
SQFTP
|
|
The
Nasdaq Stock Market LLC
|
|
|
|
|
|
Series
A Common Stock Purchase Warrants to Purchase Shares of Common Stock
|
|
SQFTW
|
|
The
Nasdaq Stock Market LLC
|
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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|
|
☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
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☐
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
|
☐
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2
of this chapter)
Emerging
growth company ☐.
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
On
February 7, 2022, Presidio Property Trust, Inc. (the “Company”) announced the completion of the initial public offering (“IPO”)
of Murphy Canyon Acquisition Corp. (“Murphy Canyon”), a special purpose acquisition company (SPAC) sponsored by the Company
through a wholly-owned subsidiary. Pursuant to the IPO, Murphy Canyon sold 13,225,000 units
to the public at a price of $10 per unit, with each unit consisting one share of Class A common
stock, par value $0.0001 per share, of Murphy Canyon ("common stock") and one redeemable warrant, with each whole warrant entitling
the holder thereof to purchase one share of common stock at a price of $11.50 per share. Only whole warrants are exercisable.
The 13,225,000 units includes the exercise in full by the underwriters of their over-allotment
option to purchase up to an additional 1,725,000 units. The units are listed on the Nasdaq
Global Market Exchange and began trading under the ticker symbol “MURFU” on February 3, 2022.
The
Company’s press release related to the foregoing is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01
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Financial
Statements and Exhibits
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(d)
Exhibits
The
following exhibit is being filed herewith:
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
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PRESIDIO
PROPERTY TRUST, INC.
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|
Date:
February 7, 2022
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By:
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/s/
Adam Sragovicz
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Adam
Sragovicz
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Chief
Financial Officer
|
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