Presidio Property Trust A

Presidio Property Trust has suspended the monthly dividend on its 9.375% cumulative, callable Series D preferred shares starting January 2026; accrued dividends of $0.19531 per share remain outstanding. The move is expected to save about $2.3 million annually as the company faces liquidity pressure following a steep share price drop (to $2.76), a market capitalization of $3.4 million and a current ratio of 0.75. Presidio cites rising default rates on CMBS-backed office mortgages as the reason, plans to cut operating costs, expand its model-home portfolio and will review resuming payments quarterly. » Más en de.investing.com

EQV Ventures has filed a registration statement on Form S-4 with the SEC in connection with the planned merger with Presidio Investment Holdings. Upon closing, the combined company is to be renamed Presidio Production Company and listed on the NYSE under the ticker FTW; the transaction values the pro forma company at about $660 million. Closing is expected in the fourth quarter of 2025 and is subject to approval by EQV shareholders and the effectiveness of the registration statement. Presidio is an oil and gas producer focused on optimizing mature assets and a dividend-oriented strategy; the goal is a C-corporation with a high dividend yield. » Más en de.investing.com

The NHL will utilize an upgraded Draft App, developed with Presidio, to manage the decentralized 2025 NHL Draft, enabling real-time updates and in-app trade processing. This digital tool replaces traditional paper-based methods, streamlining communication and improving transaction integrity for all 32 clubs. The app's expanded functionality is expected to ensure a smooth and efficient draft experience in the league's new format. » Más en forbes.com