MacKenzie Realty Capital Updates Equity Distribution Deal With Maxim Group

The amended agreement outlines a new expiration date and revised termination conditions for future stock sales.

January 15, 2026

Amendment Extends Access to Market Capital

MacKenzie Realty Capital is extending the runway on its at-the-market equity program. On January 7, the company amended its existing Equity Distribution Agreement with Maxim Group, allowing it to continue offering up to $20 million in common stock through July 15, 2027.

The updated terms introduce a clearer structure. The agreement now ends on the earlier of three events: when the $20 million cap is reached, when either party gives 15 days’ notice, or when the July 2027 deadline arrives. This shift gives both MacKenzie and its agent more flexibility to adjust to market conditions or strategic shifts over time.

The shares are being issued under a previously filed Form S-3 shelf registration, which became effective in January 2025. Supporting documents include a base prospectus and prospectus supplement filed that same day. These filings establish the regulatory framework for the sales and provide the mechanics for how shares can be offered under the program.

Flexibility Built Into Distribution

Through the agreement, MacKenzie can offer shares directly into the market, using Maxim Group as its sales agent. This setup allows the company to raise capital gradually, selling stock at prevailing market prices as opportunities arise. It’s a structure designed for responsiveness—providing funding capacity without locking the company into a fixed schedule or pricing environment.

The amendment itself is now publicly filed as an exhibit to the company’s latest 8-K. That filing also confirms that the agreement remains aligned with SEC requirements and that MacKenzie retains the option to adjust its sales activity based on demand and timing.

With the updated terms in place, MacKenzie continues to position itself for controlled, market-aware access to capital. The ATM structure, paired with the extended timeframe, creates room to maneuver—and the amendment helps ensure the company stays ready to act when the market opens the door.