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MacKenzie Realty Capital, Inc. 8-K Report: Key Insights on Recent Developments

$MKZR
Form 8-K
Filed on: 2025-02-14
Source
MacKenzie Realty Capital, Inc. 8-K Report: Key Insights on Recent Developments

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Information:
  • Company Name: MacKenzie Realty Capital, Inc.
  • CIK (Central Index Key): 0001550913
  • SEC File Number: 000-55006
  • State of Incorporation: Maryland (MD)
  • Employer Identification Number (EIN): 45-4355424
  • Address: 89 Davis Road, Suite 100, Orinda, CA 94563
  • Phone Number: 925-631-9100
  1. Filing Details:
  • Filing Type: 8-K (This indicates a report of unscheduled material events or corporate changes that are important to shareholders.)
  • Filing Date: February 14, 2025
  1. Stock Information:
  • Common Stock Par Value: $0.0001
  • Ticker Symbol: MKZR
  • Exchange: NASDAQ
  1. Reporting Period:
  • The report pertains specifically to the date of February 14, 2025, indicating that it might be related to a specific event or announcement made on that date.

Insights:

  • The 8-K filing suggests that MacKenzie Realty Capital, Inc. may have had a significant event or decision that required immediate disclosure to the public, which is crucial for stakeholders and investors.
  • The company operates in the real estate sector, which could imply exposure to market fluctuations, interest rates, and economic conditions affecting real estate investments.
  • The low par value of the common stock might indicate a strategy to issue shares at a low initial price, which can be attractive for raising capital.
  • The fact that the company is listed on NASDAQ may offer advantages in terms of liquidity and visibility in the market.

Overall, this information is vital for investors and analysts monitoring the company's performance and any significant events that could impact its stock price or operational strategy.