MacKenzie Realty Capital Files Proxy Materials
Ticker: MKZR · Form: DEFA14A · Filed: 2024-12-18T00:00:00.000Z
Sentiment: neutral
Topics: proxy-filing, SEC, real-estate
TL;DR
MRC filed proxy docs, no fee. Shareholders get more info.
AI Summary
MacKenzie Realty Capital, Inc. filed a Definitive Additional Materials proxy statement on December 18, 2024. This filing is related to the company's proxy materials and does not require a fee. The company is incorporated in Maryland and operates as a Real Estate Investment Trust.
Why It Matters
This filing indicates that MacKenzie Realty Capital is providing updated or additional information to its shareholders regarding proxy matters, which is crucial for shareholder voting and corporate governance.
Risk Assessment
Risk Level: low — This filing is a routine proxy statement update and does not contain information suggesting significant financial or operational risks.
Key Numbers
- 1934 Act — SEC Act (Governing legislation for the filing)
Key Players & Entities
- MacKenzie Realty Capital, Inc. (company) — Registrant
- 0001550913-24-000063 (dollar_amount) — Accession Number
- 20241218 (dollar_amount) — Filing Date
FAQ
What type of filing is this?
This is a Definitive Additional Materials filing under Schedule 14A, indicating it's additional proxy material for shareholders.
Who is the filing company?
The filing company is MacKenzie Realty Capital, Inc.
When was this filing made?
The filing was made on December 18, 2024.
Is there a fee associated with this filing?
No, the filing explicitly states 'No fee required'.
What is the company's primary business classification?
The company is classified under Standard Industrial Classification as Real Estate Investment Trusts [6798].
Filing Stats: 1,091 words · 4 min read · ~4 pages · Grade level 9.8 · Accepted 2024-12-18 12:41:49
Key Financial Figures
- $0.05 — nded December 31, 2024 in the amount of $0.05 per common share, to be paid on or abou
Filing Documents
- mrcdefa14a121824.htm (DEFA14A) — 17KB
- 0001550913-24-000063.txt ( ) — 18KB
From the Filing
14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement. [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials. [ ] Soliciting Material Pursuant to 240.14a-12 MACKENZIE REALTY CAPITAL, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: MacKenzie Realty Capital, Inc. c/o Georgeson Reference # YOUR VOTE IS IMPORTANT! Re: Your investment in MacKenzie Realty Capital, Inc. MacKenzie Realty Capital, Inc. announced it has postponed its 2024 special meeting of stockholders ("Special Meeting") from December 18, 2024, to January 6, 2025, to allow additional time for stockholder voting and the solicitation of proxies. The Special Meeting will be held on January 6, 2025, at 11 am Pacific Time. The Company has postponed the Special Meeting to provide an opportunity for more stockholders to vote their shares in order to reach a quorum for the meeting; MacKenzie needs at least 50% of all shareholders to vote their shares. It is very important that we speak to you about this matter. The call will only take a few moments of your time. You WILL NOT be asked for any confidential information and your call will be recorded for your protection. PLEASE CALL GEORGESON TOLL-FREE AT 1-888-755-7893 Hours of Operation: Monday through Friday – 10:00 a.m. to 11:00 p.m. Eastern Time Saturday – 12:00 p.m. to 6:00 p.m. Eastern Time Thank you in advance for your participation. YOUR VOTE IS IMPORTANT! Dear Stockholder: MacKenzie Realty Capital, Inc. announced it has postponed its 2024 special meeting of stockholders ("Special Meeting") from December 18, 2024, to January 6, 2025, to allow additional time for stockholder voting and the solicitation of proxies. The Company has postponed the Special Meeting to provide an opportunity for more stockholders to vote their shares to reach a quorum for the meeting; MacKenzie needs at least 50% of all shareholders to vote their shares. According to our latest records, your vote for the meeting has not been received . Regardless of the number of shares you may own, it is important that they be represented at this meeting. Further, by voting now, you can help us limit the additional fees we may incur related to the continued solicitation of votes required to hold our meeting. Vote now and we will not have to keep calling! Your board of directors unanimously recommends that stockholders vote FOR all proposals. We believe these amendments are crucial to our ability to be a Nasdaq-listed company, to raise funds in the public markets, and to grow our asset based and enhance stockholder returns. We urge you to call our proxy solicitor, Georgeson toll-free at (866) 735-2302. If you have any questions or need assistance in voting your shares. Please see the attached proxy card for instructions. Alternatively, you may sign, date, and mail the enclosed proxy card in the postage paid envelope provided. Please vote today . Your vote is important , no matter how many or how few shares you may own. Please vote TODAY by telephone, via the Internet, or by signing, dating, and returning the enclosed proxy card in the envelope provided. If you have any questions, please feel free to call MacKenzie at 1-800-854-8357. Sincerely, Chip Patterson, Chairman MacKenzie Realty Capital, Inc. NEWS RELEASE CONTACT FOR IMMEDIATE RELEASE Chris Simpson 800-854-8357 investors@mackenziecapital.com MacKenzie Realty Capital, Inc. Postpones 2024 Special Meeting of Stockholders, Announces 4 th Quarter Dividend Orinda, Calif., (December 17, 2024) – On December 1