MacKenzie Realty creates 2M shares of 9% Series C Preferred Stock at $25 stated value

One June 6, 2025, MacKenzie Realty Capital, Inc. (Nasdaq: MKZR; the “ Company ”) filed, with the State Department of Assessments and Taxation of the State of Maryland (the “SDAT”), Articles Supplementary (the “Series C Articles Supplementary”) to the Articles of Amendment and Restatement of the Company, as amended and supplemented, classifying and designating 2,000,000 of the authorized but unissued shares of preferred stock, par value $0.0001 per share (“Preferred Stock”), as shares of a separate class of Preferred Stock, designated as “Series C Preferred Stock," with the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption as set forth therein and below.