other material
confidence high
sentiment neutral
materiality 0.50
MacKenzie Realty Capital enters ATM equity distribution agreement for up to $20M
MacKenzie Realty Capital, Inc.
- Enters Equity Distribution Agreement with Maxim Group LLC for at-the-market offering of up to $20M of common stock.
- Agent receives 3.0% commission on gross proceeds; offering under shelf registration 333-283478 effective Jan 15, 2025.
- Sales made on Nasdaq or through market maker; Company may set minimum price, termination after 12 months or by 15-day notice.
- Common shares sold from time to time; legal opinions on validity and tax matters filed as exhibits.