MKZR shareholders back board slate and Baker Tilly as 2026 auditor

Rhea-AI Filing Summary

MacKenzie Realty Capital, Inc. reported the results of its 2025 annual stockholder meeting, where four directors were elected to serve until the 2026 annual meeting and until their successors are duly elected and qualify. Director nominees Thomas Frame, Timothy Dozois, Chip Patterson, and Kjerstin Hatch each received more than 791,000 votes in favor, with no broker non-votes. A quorum was reached, with 860,621 shares present, representing 48.64% of shares outstanding and eligible to vote, and over 83% of shares present voted for all four directors. Stockholders also ratified Baker Tilly, LLP as independent registered public accounting firm for the fiscal year ended June 30, 2026, with 801,033 votes for, 45,309 against, and 14,279 abstentions, and no broker non-votes.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): November 17, 2025

MacKenzie Realty Capital, Inc.

(Exact Name of Registrant as Specified in Its Charter)

000-55006

(Commission File Number)

Maryland	45-4355424
(State or Other Jurisdiction of Incorporation)	(I.R.S. Employer Identification No.)

89 Davis Road, Suite 100

Orinda, California 94563

(Address of principal executive offices, including zip code)

(925) 631-9100

(Registrant’s telephone number, including area code)

NOT APPLICABLE

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.0001 per value		MKZR		NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 5.07 Submission of Matters to a Vote of Security Holders.

On November 17, 2025, MacKenzie Realty Capital, Inc., a Maryland corporation (the “Company”), held its 2025 annual meeting of stockholders (the “Annual Meeting”).  Two proposals were on the agenda for the 2025 Annual Meeting: Proposal 1, to elect four directors to hold office until the Company’s 2026 Annual Meeting of Stockholders and until their successors are duly elected and qualify; and Proposal 2, to ratify Baker Tilly, LLP as the Company’s independent registered public accounting firm for the fiscal year ended June 30, 2026.

With respect to Proposal 1, all nominees standing for election as directors were elected to serve until the 2026 Annual Meeting of Stockholders and until their successors are duly elected and qualify. The voting results for each of the three persons nominated were as follows:

Nominee		Votes For				Votes Withheld
Thomas Frame			791,110				69,211
Timothy Dozois			808,346				51,975
Chip Patterson			816,345				43,976
Kjerstin Hatch			808,267				52,054

No broker non-votes were cast in the election of directors. A total of 860,621 Shares were present at the meeting, or 48.64% of Shares outstanding and eligible to vote, so a quorum was reached.  Over 83% of all shares present at the meeting voted for all 4 directors.

With respect to Proposal 2, the stockholders ratified Baker Tilly, LLP as the Company’s independent registered public accounting

firm for the fiscal year ended June 30, 2026:

Votes For				Votes Against				Abstentions
	801,033				45,309				14,279

No broker non-votes were cast in the ratification of auditors.  Thus 93.08% of all shares present at the meeting voted for the ratification of Baker Tilly, LLP as the Company’s independent registered public accounting firm.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MACKENZIE REALTY CAPITAL, INC.
	(Registrant)
Date: November 17, 2025	By:	/s/ Robert Dixon
		Robert Dixon
		President

FAQ

What did MacKenzie Realty Capital (MKZR) announce from its 2025 annual meeting?

MacKenzie Realty Capital, Inc. reported that stockholders elected four directors to serve until the 2026 annual meeting and ratified Baker Tilly, LLP as the independent registered public accounting firm for the fiscal year ended June 30, 2026.

Which directors were elected at MacKenzie Realty Capital's 2025 annual meeting?

Stockholders elected Thomas Frame, Timothy Dozois, Chip Patterson, and Kjerstin Hatch as directors, each to hold office until the 2026 annual meeting of stockholders and until their successors are duly elected and qualify.

How many MacKenzie Realty Capital shares were present at the 2025 annual meeting?

A total of 860,621 shares were present at the meeting, representing 48.64% of shares outstanding and eligible to vote, which satisfied the quorum requirement.

What level of support did MacKenzie Realty Capital directors receive in the 2025 vote?

Over 83% of all shares present at the meeting voted for each of the four director nominees, and there were no broker non-votes in the director elections.

Was Baker Tilly, LLP ratified as MacKenzie Realty Capital's auditor, and by what margin?

Yes. Stockholders ratified Baker Tilly, LLP as the independent registered public accounting firm for the fiscal year ended June 30, 2026, with 801,033 votes for, 45,309 against, and 14,279 abstentions, and no broker non-votes.

Were there any broker non-votes at MacKenzie Realty Capital's 2025 annual meeting?

No. The company reported that there were no broker non-votes for either the election of directors or the ratification of Baker Tilly, LLP.