MacKenzie Realty Capital Files 8-K on Director/Officer Changes
Ticker: MKZR · Form: 8-K · Filed: 2024-09-25T00:00:00.000Z
Sentiment: neutral
Topics: director-changes, officer-changes, filing
TL;DR
MRC board shakeup and exec changes filed today. Keep an eye on strategy shifts.
AI Summary
MacKenzie Realty Capital, Inc. filed an 8-K on September 25, 2024, reporting changes in its board of directors and certain officers, as well as compensatory arrangements. The filing also includes financial statements and exhibits, indicating potential updates or disclosures related to the company's financial performance and governance.
Why It Matters
Changes in a company's board and executive officers can signal shifts in strategy or governance, which may impact investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially when combined with financial statement disclosures, can indicate underlying issues or strategic realignments that may pose risks.
Key Players & Entities
- MacKenzie Realty Capital, Inc. (company) — Registrant
- September 25, 2024 (date) — Filing Date
FAQ
What specific changes were made to the board of directors or officers?
The filing indicates changes in directors and certain officers, but the specific names and details of these changes are not provided in the provided text.
What are the details of the compensatory arrangements for certain officers?
The filing mentions compensatory arrangements for certain officers, but the specific details of these arrangements are not included in the provided text.
What financial statements and exhibits are included with this filing?
The filing states that financial statements and exhibits are included, but the specific content of these documents is not detailed in the provided text.
What is the primary business of MacKenzie Realty Capital, Inc.?
MacKenzie Realty Capital, Inc. is classified under the Standard Industrial Classification code 6798 for REAL ESTATE INVESTMENT TRUSTS.
When is MacKenzie Realty Capital, Inc.'s fiscal year end?
MacKenzie Realty Capital, Inc.'s fiscal year ends on June 30.
Filing Stats: 843 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-09-25 14:34:00
Key Financial Figures
- $48,000 — receive a pro-rated annual retainer of $48,000 for her service as a non-employee direc
- $1,000 — or. In addition, Ms. Hatch will receive $1,000 plus reimbursement of reasonable out-of
- $500 — ending each Board meeting in person and $500 for each telephonic meeting, and also r
Filing Documents
- mrc8k092524.htm (8-K) — 30KB
- mrcpressrelease092524.htm (EX-99.1) — 6KB
- 0001550913-24-000019.txt ( ) — 157KB
- mrc-20240925.xsd (EX-101.SCH) — 4KB
- mrc-20240925_lab.xml (EX-101.LAB) — 20KB
- mrc-20240925_pre.xml (EX-101.PRE) — 14KB
- mrc8k092524_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release issued September 25, 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: September 25, 2024 By: /s/ Robert Dixon Robert Dixon President