MacKenzie Realty Capital approves 1-for-10 reverse stock split
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MacKenzie Realty Capital Announces Plans for a 1-for-10 Reverse Stock Split
July 9, 2025 11:56 AM EDTORINDA, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (MacKenzie or the Company) today announced that its Board of Directors has approved a 1-for-10 reverse stock split. The reverse stock split was approved by MacKenzies Board on July 3, 2025, and is intended to increase the per share trading price of the Company's common stock to enable the Company to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
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