Nasdaq Halts Presidio Property Trust, Inc.

Rhea-AI Summary

The Nasdaq Stock Market (NDAQ) announced a trading halt on Presidio Property Trust, Inc. (SQFT) on October 7, 2020, at 13:56:58 Eastern Time. The halt was initiated for 'additional information requested' from the company, with the last sale price recorded at $4.60. Trading will remain suspended until Presidio Property Trust fulfills Nasdaq’s request. For further updates, investors are advised to check Nasdaq's InfoQuotes section or contact the company directly.

Positive

• None.

Negative

• Trading for Presidio Property Trust, Inc. (SQFT) halted due to requested additional information, potentially indicating regulatory concerns.

NEW YORK, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market^® (Nasdaq: NDAQ) announced that trading was halted today in Presidio Property Trust, Inc. (Nasdaq: SQFT) at 13:56:58 Eastern Time on October 7, 2020, for "additional information requested" from the company at a last sale price of $4.60.

Trading will remain halted until Presidio Property Trust, Inc. has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes^SM on the Nasdaq^® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

NDAQO

Nasdaq Media Contact:
Bianca Fata
Bianca.Fata@nasdaq.com

FAQ

Why was trading halted for Presidio Property Trust, Inc. (SQFT) on October 7, 2020?

Trading was halted for Presidio Property Trust, Inc. (SQFT) due to a request by Nasdaq for additional information.

What was the last sale price of Presidio Property Trust, Inc. (SQFT) before the trading halt?

The last sale price of Presidio Property Trust, Inc. (SQFT) before the trading halt was $4.60.

What does it mean when trading is halted for a stock?

When trading is halted for a stock, it means that buying and selling of that stock has been temporarily suspended, often for regulatory reasons.

How long will trading be halted for Presidio Property Trust, Inc. (SQFT)?

Trading for Presidio Property Trust, Inc. (SQFT) will remain halted until the company satisfies Nasdaq's request for additional information.