MacKenzie Realty Capital, Inc. (MKZR): Nasdaq/NYSE listing notice — MacKenzie Realty receives Nasdaq bid price deficiency notice; plans 1-for-10 reverse split

MacKenzie Realty Capital, Inc.

Nasdaq notified MKZR on July 7, 2025, that its bid price closed below $1.00, triggering a potential delisting.
Company has 180 days, until January 5, 2026, to regain compliance with the $1.00 minimum bid price.
Board approved a 1-for-10 reverse stock split on July 3, 2025, as a cure measure; effective date TBD.
Reverse split would reduce outstanding shares from ~15.8M to ~1.58M; exercise prices of warrants adjusted proportionally.
Second 180-day period possible if the company meets other listing standards and notifies Nasdaq of intent to reverse split.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

MacKenzie Realty Capital, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

July 7, 2025, MacKenzie Realty Capital, Inc. (the “Company”) received a letter (the “Bid Price Deficiency Notice”) from the listing qualifications department staff of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the “Bid Price Requirement”). The Bid Price Deficiency Notice has no immediate effect on the listing of the Company’s common stock, and the Company’s common stock continues to trade on the Nasdaq Capital M

View on SEC.gov

5 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

MacKenzie Realty Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001550913-25-000103

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