MacKenzie Realty Capital Adviser, CEO Robert Dixon, And Affiliate Acquire Over 6% Stake In Company's Outstanding Common Stock
Benzinga Newsdesk 1 year ago
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MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced that its Adviser, MacKenzie Real Estate Advisers, LP, together with its Chief Executive Officer, Robert Dixon, and an
MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced that its Adviser, MacKenzie Real Estate Advisers, LP, together with its Chief Executive Officer, Robert Dixon, and an affiliate, have acquired shares resulting in ownership by the Adviser, Robert Dixon, and an affiliate of over 6% of the outstanding shares of common stock of MacKenzie.
Further, on August 21, 2025, the Company received a letter from the listing qualifications department staff of The Nasdaq Stock Market ("Nasdaq") indicating that the Company is back 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.
