secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001550913-25-000107
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000107/0001550913-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000107/mrc8k08012025.htm
  HTML page:      https://secwatch.observer/filing/0001550913-25-000107

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