MacKenzie Realty Capital announces 1-for-10 reverse stock split effective Aug 4 to meet Nasdaq bid price requirement

MacKenzie Realty Capital, Inc.

1-for-10 reverse stock split effective 5:01 PM ET Aug 4, 2025; trading on split-adjusted basis Aug 5 under symbol MKZR.
Outstanding shares reduced from ~16.76M to ~1.68M; no fractional shares; cash in lieu based on Aug 1 closing price.
Split intended to meet Nasdaq minimum bid price requirement for continued listing; no assurance of compliance.
Proportional adjustments to prefunded, Series A, and Series B warrants exercise prices (e.g., Series A/B to $17.10) and preferred conversion prices (to $102.50 for Series A/C).
CUSIP number changes to 55453W501; Computershare acts as exchange agent.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MacKenzie Realty Capital, Inc.: Filed two amendments to the charter effecting a one-for-ten reverse stock split and par value decrease, effective August 4, 2025 (effective 2025-08-04).

Change: charter amendment
Effective: 2025-08-04

Exact text from the filing

i. a one-for-ten Reverse Stock Split of the Common Stock, to be effective at 5:00 p.m. Eastern Time (the “Effective Time”) on August 4, 2025

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MacKenzie Realty Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001550913-25-000107

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