SCHEDULE 13G/A: Armistice Capital and Steven Boyd Disclose 4.99% Stake in Presidio Property Trust

Armistice Capital, LLC and Steven Boyd have filed an amended Schedule 13G, reporting a beneficial ownership of 4.99% of Presidio Property Trust, Inc.'s Series A Common Stock as of December 31, 2024.

Summary

• Armistice Capital, LLC and Steven Boyd (collectively, the "Reporting Persons") filed Amendment No. 4 to Schedule 13G.
• The Reporting Persons beneficially own an aggregate of 756,525 shares of Presidio Property Trust, Inc.'s Series A Common Stock, $0.01 par value per share.
• This ownership represents 4.99% of the total class of securities.
• Armistice Capital, LLC, as the investment manager of Armistice Capital Master Fund Ltd. (the direct holder of the shares), exercises shared voting and shared dispositive power over all 756,525 shares.
• Steven Boyd, as the managing member of Armistice Capital, LLC, is also deemed to beneficially own these shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

Schedule 13G filings are routine regulatory disclosures by institutional investors or groups that acquire a significant, typically passive, ownership stake (over 5% or an amendment to a previous filing) in a publicly traded company. This filing indicates Armistice Capital's continued, passive investment in Presidio Property Trust, distinguishing it from a Schedule 13D filing which would suggest an intent to influence or control the issuer.

Stakeholder Impact

• The filing indicates a significant, passive investment by Armistice Capital, LLC and Steven Boyd in Presidio Property Trust, Inc., which may be viewed by shareholders as a vote of confidence from an institutional investor.

Key Dates

Keywords

Presidio Property Trust, Armistice Capital, Steven Boyd, Schedule 13G, beneficial ownership, common stock, investment manager, SEC filing