secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001550913-25-000020
Event type: dividend
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MRC cuts common dividend 60% to $0.05; preferred dividends unchanged
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- Common dividend reduced to $0.05/share (record Dec 31, payable Jan 25), down from $0.125 prior quarters.
- Series A & B preferred dividends unchanged: $0.375 and $0.125 per share quarterly, respectively.
- Now listed on Nasdaq (MKZR); retained Maxim Group for strategic advisory and potential equity raise.
- Development 'Aurora at Green Valley' broke ground; 14% preferred return private placement ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000020/0001550913-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000020/mrc8kqtrdividend011525.htm
  HTML page:      https://secwatch.observer/filing/0001550913-25-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer