secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K/A
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001550913-25-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud

MacKenzie Realty Capital amends charter and bylaws after stockholder vote
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- Stockholders approved three charter amendments at Jan 6, 2025 special meeting: Proposal 1.A with 89.2% of shares present, 1.B with 91.52%, 1.C with 90.35%.
- Board adopted Third Amended and Restated Bylaws effective Jan 8, 2025, reducing quorum from 50% to one-third of votes entitled to be cast.
- Special meeting threshold increased from 10% to majority of votes entitled to be cast, and director qualification provisions were removed.
- New exclusive forum provision designates Maryland state or federal court for internal corporate claims, derivative actions, and fiduciary duty claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000008/0001550913-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000008/mrc8ka011025.htm
  HTML page:      https://secwatch.observer/filing/0001550913-25-000008

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