MacKenzie Realty Faces Nasdaq Noncompliance

The company has until January 2026 to lift its share price above $1 or risk delisting from Nasdaq.

July 10, 2025

Nasdaq Flags Bid Price Deficiency

MacKenzie Realty is working against the clock. On July 7, 2025, the company received a notice from Nasdaq stating that its stock no longer meets the minimum $1.00 bid price requirement for continued listing on the Nasdaq Capital Market. That threshold is critical, and MacKenzie now has until January 5, 2026, to resolve the issue.

For now, trading continues. Shares remain listed under the ticker MKZR. But if the stock doesn’t close at or above $1.00 for at least ten straight business days before the January deadline, the company faces the possibility of delisting.

Compliance Options and Contingency

There’s a path to extend the compliance window by another 180 days—but that depends on meeting all other Nasdaq requirements and notifying the exchange of a clear plan to address the shortfall.

MacKenzie's Next Steps

MacKenzie isn’t waiting to act. The company’s board approved a 10-for-1 reverse stock split on July 3, a move designed to boost the share price and bring the company back in line with listing standards. While the split hasn’t taken effect yet, MacKenzie has made clear it’s part of the plan.

If the initial deadline passes without resolution, and the company doesn’t qualify for a second grace period—or fails to regain compliance during that time—Nasdaq would move to delist the stock. MacKenzie would then have the option to appeal.

Monitoring and Communication

In the meantime, the company is tracking share performance closely. A press release issued on July 9 confirmed the reverse split plan and emphasized MacKenzie’s focus on preserving its Nasdaq listing. Whether through price recovery or the planned reverse split, the company is positioning itself to stay in the game.