MacKenzie Realty Capital Files 8-K
Ticker: MKZR · Form: 8-K · Filed: 2024-07-11T00:00:00.000Z
Sentiment: neutral
Topics: 8-K, regulatory-filing
TL;DR
MRC filed an 8-K, looks like standard disclosure, no major news yet.
AI Summary
On July 11, 2024, MacKenzie Realty Capital, Inc. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Other Events, with no specific financial figures or material events detailed in the provided text. The report confirms the company's identity, incorporation in Maryland, and principal executive offices in Orinda, California.
Why It Matters
This 8-K filing indicates MacKenzie Realty Capital, Inc. is making a regulatory disclosure, though the specific details of the event are not provided in this excerpt.
Risk Assessment
Risk Level: low — The provided text is a standard 8-K filing header and does not contain information about material events or financial performance that would indicate a high risk.
Key Players & Entities
- MacKenzie Realty Capital, Inc. (company) — Registrant
- July 11, 2024 (date) — Date of Report
- Maryland (jurisdiction) — State of Incorporation
- Orinda, California (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing for MacKenzie Realty Capital, Inc.?
The filing is primarily for Regulation FD Disclosure and Other Events, as indicated by the Item Information section.
When was this 8-K report filed?
The report was filed on July 11, 2024.
In which state is MacKenzie Realty Capital, Inc. incorporated?
MacKenzie Realty Capital, Inc. is incorporated in Maryland.
What is the address of MacKenzie Realty Capital, Inc.'s principal executive offices?
The principal executive offices are located at 89 Davis Road, Suite 100, Orinda, California 94563.
Does this filing provide specific financial details or material event information?
Based on the provided text, specific financial figures or details of material events are not present; it appears to be a procedural filing.
Filing Stats: 785 words · 3 min read · ~3 pages · Grade level 10.7 · Accepted 2024-07-11 14:31:37
Key Financial Figures
- $0.125 — od ended June 30, 2024 in the amount of $0.125 on or about July 26, 2024. The Board of
Filing Documents
- mrc8k071124.htm (8-K) — 30KB
- mrcpressrelease071124.htm (EX-99.1) — 9KB
- mrclettertoprefa.htm (EX-99.2) — 6KB
- mrcletterprefb.htm (EX-99.3) — 19KB
- mrclettercommon.htm (EX-99.4) — 6KB
- 0001550913-24-000013.txt ( ) — 191KB
- mrc-20240711.xsd (EX-101.SCH) — 4KB
- mrc-20240711_lab.xml (EX-101.LAB) — 20KB
- mrc-20240711_pre.xml (EX-101.PRE) — 14KB
- mrc8k071124_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On or about July 12, 2024, MacKenzie Realty Capital, Inc., will mail a letter to its Series A and B preferred stockholders. On or about July 26, 2024, MacKenzie Realty Capital, Inc., will mail a letter to its common stockholders. The full text of the letters are attached as Exhibit 99.2, 99.3 and 99.4, respectively, to this Current Report on Form 8-K and are incorporated by reference herein. The information in this Current Report is furnished pursuant to Item 7 and shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. This information will not be deemed an admission as to the materiality of any information contained herein that is required to be disclosed solely by Regulation FD. Statements in this Current Report on Form 8-K, including intentions, beliefs, expectations, or projections relating to items such as the timing of 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" section of the Company's Annual Report on Form 10-K for the year ended June 30, 2022, as amended, and its other filings with the Securities and Exchange Commission.
01 Other Events
Item 8.01 Other Events. MacKenzie Realty Capital, Inc. ("MacKenzie") is announcing that it is paying its regular quarterly common dividend for the period ended June 30, 2024 in the amount of $0.125 on or about July 26, 2024. The Board of Directors has also the regular dividends for the quarter ending September 30, 2024 for both Series A and Series B Preferred shares. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com/stock/MKZR/quote. Anticipated Listing on the NYSE-American We continue to expect to pursue a listing on the NYSE-American once a trading history and public float is demonstrated. We are unable to provide any guidance regarding a potential share price or the timing of such event or guarantee that such a listing will occur.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release issued July 11, 2024 99.2 Letter to Series A preferred stockholders 99.3 Letter to Series B preferred stockholders 99.4 Letter to common stockholders
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: July 11, 2024 By: /s/ Robert Dixon Robert Dixon President