secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001550913-25-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MacKenzie Realty Capital prices $4.8M registered direct offering and private placement of warrants at $1.71/unit
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- Gross proceeds ~$4.8M from sale of 2,826,299 shares (or pre-funded warrants) plus unregistered Series A/B warrants.
- Series A warrants exercisable at $1.71, expire 18 months; Series B expire 5 years; both exercisable from 6-month anniversary.
- Net proceeds to fund acquisitions, debt payments, operating expenses, preferred share repurchases, and general corporate purposes.
- Maxim Group LLC acted as sole placement agent with 7.0% cash fee plus up to $75,000 expense reimbursement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000046/0001550913-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000046/mrc8k030325.htm
  HTML page:      https://secwatch.observer/filing/0001550913-25-000046

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