Armistice Capital Reduces Stake in Presidio Property Trust (SQFT) to 4.99%
On May 15, 2026, Armistice Capital, LLC and Steven Boyd filed a Schedule 13G/A (Amendment No. 2) regarding their holdings in Presidio Property Trust, Inc. (SQFT). The filing reveals a significant reduction in their position, with beneficial ownership decreasing from 159,722 shares (9.99%) to 75,718 shares, representing 4.99% of the company's Series A Common Stock. This reduction brings their ownership just below the 5% threshold. Armistice Capital, LLC serves as the investment manager for the Armistice Capital Master Fund Ltd., which is the direct holder of the shares. Steven Boyd, as the managing member of Armistice Capital, LLC, may also be deemed to beneficially own the securities. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The event triggering this amendment occurred on March 31, 2026.