---
schema_version: "secwatch.filing_event.v1"
accession: "0001550913-25-000093"
form_type: "8-K"
ticker: "MKZR"
cik: "0001550913"
company_name: "MacKenzie Realty Capital, Inc."
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T10:40:05.064120+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Series C Preferred ranks junior to Series A and B Preferred, senior to common; $25 liquidation preference plus accrued dividends.
- Cumulative 9% annual dividend; company may suspend (but dividends accrue).
- Optional early redemption by company begins Jan 1, 2027; holders can convert to common at $10.25/share upon redemption notice.
- Company may repurchase at stepped prices from $22 to $25 per share over four years; $25 after year four.

## SEC filing metadata
- accession: 0001550913-25-000093
- form_type: 8-K
- ticker: MKZR
- cik: 0001550913
- company_name: MacKenzie Realty Capital, Inc.
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000093/0001550913-25-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000093/mrc8k06112025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001550913-25-000093
- JSON: https://secwatch.observer/filing/0001550913-25-000093.json
- Plain text: https://secwatch.observer/filing/0001550913-25-000093.txt

## Key facts
- Governance Changes
  MacKenzie Realty Capital, Inc.: Classified and designated 2,000,000 shares of preferred stock as Series C Preferred Stock with specified preferences, conversion rights, voting powers, restrictions, limitations, and terms (effective 2025-06-06).
  - Change: charter amendment
  - Effective: 2025-06-06
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000093/0001550913-25-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.