MacKenzie Realty Capital, Inc. 8-K
Accession 0001550913-26-000004
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 3:24 PM ET
Size
172.7 KB
Accession
0001550913-26-000004
Research Summary
AI-generated summary of this filing
MacKenzie Realty Capital Amends ATM Equity Distribution Agreement
What Happened
MacKenzie Realty Capital, Inc. (MKZR) filed an 8-K on January 14, 2026 reporting that on January 7, 2026 it amended its Equity Distribution Agreement with Maxim Group LLC. The amendment governs sales under the company's at‑the‑market (ATM) program under which MKZR may sell up to $20,000,000 of its common stock ($0.0001 par value) using the company’s effective Form S-3 shelf registration (Reg. No. 333-283478).
Key Details
- Amendment date: January 7, 2026; 8-K filed January 14, 2026.
- ATM capacity: up to $20,000,000 of Common Shares to be sold from time to time.
- New termination triggers: the Distribution Agreement now ends upon the earliest of (1) sale of all Common Shares subject to the Agreement, (2) termination by the Company or the Agent with 15 days’ written notice, or (3) July 15, 2027.
- Sales will be made pursuant to the Company’s Form S-3 shelf registration declared effective January 15, 2025 (including subsequent amendments and prospectus filings).
Why It Matters
The amendment clarifies the duration and termination rights for MKZR’s ATM program, preserving a mechanism the company can use to raise up to $20 million of capital by selling shares into the market over time. For investors, use of the ATM would dilute existing shareholders as new shares are issued, so monitoring future sale activity (e.g., prospectus supplements or sale notices) is important. This 8-K only reports the amendment; it does not itself constitute an offer to sell shares.
Documents
- 8-Kmrc8k011426.htmPrimary
FORM 8K
- EX-1.1exhibit11.htm
AMENDMENT TO THE EQUITY DISTRIBUTION AGREEMENT, DATED JANUARY 7, 2026, BY AND BETWEEN MACKENZIE REALTY CAPITAL, INC. AND MAXIM GROUP LLC.
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Issuer
MacKenzie Realty Capital, Inc.
CIK 0001550913
Related Parties
1- filerCIK 0001550913
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 3:24 PM ET
- Size
- 172.7 KB