MacKenzie Realty Capital Files 8-K

TL;DR

MRC filed a routine 8-K, no major news.

AI Summary

MacKenzie Realty Capital, Inc. filed an 8-K on March 12, 2024, to report other events and financial statements. The filing does not contain specific details about new material events, acquisitions, or financial performance beyond its standard reporting obligations.

Why It Matters

This filing indicates MacKenzie Realty Capital, Inc. is fulfilling its regulatory reporting requirements with the SEC, which is standard practice for publicly traded companies.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report and does not disclose any new material risks or significant negative events.

Key Numbers

• 000-55006 — Commission File Number (SEC Filing identifier for MacKenzie Realty Capital, Inc.)
• 45-4355424 — I.R.S. Employer Identification No. (Tax identification number for the company.)

Key Players & Entities

• MacKenzie Realty Capital, Inc. (company) — Registrant
• 0001550913-24-000004 (filing_id) — Accession Number
• March 12, 2024 (date) — Report Date
• 89 Davis Road, Suite 100, Orinda, California 94563 (address) — Principal Executive Offices
• 925-631-9100 (phone_number) — Registrant's telephone number

FAQ

Filing Documents

• mrc8k031224.htm (8-K) — 27KB
• mrcpressrelease031224.htm (EX-99) — 8KB
• 0001550913-24-000004.txt ( ) — 156KB
• mrc-20240312.xsd (EX-101.SCH) — 4KB
• mrc-20240312_lab.xml (EX-101.LAB) — 20KB
• mrc-20240312_pre.xml (EX-101.PRE) — 14KB
• mrc8k031224_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. Suspension of Share Repurchase and Dividend Reinvestment Programs MacKenzie Realty Capital, Inc. (the "Company") has suspended its Share Repurchase and Dividend Reinvestment Programs in connection with its pursuit of the listing of its common stock on a securities exchange (a "Listing"). On March 4, 2024, the Board of Directors of the Company (the "Board") decided that it is in the best interests of the Company's shareholders to suspend these programs temporarily while the Listing application is prepared, submitted and processed. If the Listing occurs, (a) the Share Repurchase Program will automatically terminate, and (b) the Board will decide whether, and when, to reinstate the Dividend Reinvestment Program. Anticipated Listing on the OTCQX and NYSE-American We intend to pursue a Listing first on the OTCQX. Thereafter, depending upon trading activity and public float, we may attempt a Listing on the NYSE-American. The Company is not providing any guidance regarding potential post-Listing share price or the timing of a Listing; nor is the Company guaranteeing that a Listing will occur. Net Asset Value Due to the Company's pursuit of a Listing, we will not issue an updated net asset value as of December 31, 2023. payment of dividends are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based on current expectations and assumptions with respect to, among other things, future economic, competitive and market conditions and future business decisions that may prove incorrect or inaccurate. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the risks described in the "Risk Factors" s

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release issued March 12, 2024

SIGNATURES

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 hereunto duly authorized. MACKENZIE REALTY CAPITAL, INC . (Registrant) Date: March 12, 2024 By: /s/ Robert Dixon Robert Dixon President

View Full Filing

View this 8-K filing on SEC EDGAR