MacKenzie Realty Capital Files 8-K on Shareholder Vote Matters

Ticker: MKZR · Form: 8-K · Filed: 2024-11-15T00:00:00.000Z

Sentiment: neutral

Topics: governance, shareholder-vote

TL;DR

MRC held a shareholder vote, details to follow.

AI Summary

MacKenzie Realty Capital, Inc. filed an 8-K on November 15, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain specific details about the vote's outcome or the proposals presented.

Why It Matters

This filing indicates that MacKenzie Realty Capital, Inc. held a shareholder vote, which is a key governance event for publicly traded companies. The outcome of such votes can impact corporate strategy and shareholder rights.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any new financial information or significant corporate events that would immediately impact risk.

Key Players & Entities

FAQ

What specific matters were submitted for a vote by MacKenzie Realty Capital, Inc. security holders?

The filing states that matters were submitted to a vote of security holders, but does not specify what those matters were.

When did the event requiring this 8-K filing occur?

The earliest event reported was on November 15, 2024.

What is the primary purpose of this Form 8-K filing?

The primary purpose is to report on the submission of matters to a vote of security holders.

What is MacKenzie Realty Capital, Inc.'s state of incorporation?

MacKenzie Realty Capital, Inc. is incorporated in Maryland.

What is the principal executive office address for MacKenzie Realty Capital, Inc.?

The principal executive offices are located at 89 Davis Road, Suite 100, Orinda, California 94563.

Filing Stats: 624 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-11-15 16:35:52

Key Financial Figures

Filing Documents

07

ITEM 5.07 Submission of Matters to a Vote of Security Holders. On November 14, 2024, MacKenzie Realty Capital, Inc., a Maryland corporation (the "Company"), held its 2024 annual meeting of stockholders (the "Annual Meeting"). Two proposals were on the agenda for the 2024 Annual Meeting: Proposal 1, to elect four directors to hold office until the Company's 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualify; and Proposal 2, to ratify Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2025. With respect to Proposal 1, all nominees standing for election as directors were elected to serve until the 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The voting results for each of the three persons nominated were as follows: Nominee Votes For Votes Withheld Thomas Frame 3,927,476 608,232 Timothy Dozois 3,954,379 581,329 Chip Patterson 4,109,712 425,996 Kjerstin Hatch 4,101,772 433,936 No broker non-votes were cast in the election of directors. A total of 7,666,183 Shares were present at the meeting, or 57.06% of Shares outstanding and eligible to vote, so a quorum was reached. Over 86% of all shares present at the meeting voted for all 4 directors. With respect to Proposal 2, the stockholders ratified Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ended June 30, 2025: Votes For Votes Against Abstentions 7,448,252 47,077 170,854 No broker non-votes were cast in the ratification of auditors. Thus 97.16% of all shares present at the meeting voted for the ratification of Moss Adams, LLP as the Company's independent registered public accounting firm..

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: November 15, 2024 By: /s/ Robert Dixon Robert Dixon President

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