MacKenzie Realty Capital Inc., an Orinda, California-headquartered real estate investment trust focused on multifamily and office properties, has received approval to list its common stock on the Capital Market tier of The Nasdaq Stock Market LLC under the symbol “MKZR.”
Trading for the company’s stock begins today. The company stated the uplisting will enhance its visibility and accessibility to U.S. investors.
“MacKenzie’s uplist from the OTCQX to Nasdaq is a significant achievement for the company,” said CEO Robert Dixon. “We believe that the Nasdaq listing will result in increased marketability, liquidity, and trading volume, and provide the company with increased access to the capital markets as we work to provide long-term value for our stockholders. We think ours is a story worth telling on a national stage. By joining the Nasdaq, it is our intent to generate broader recognition by investors and highlight MacKenzie’s long-term commitment to real estate investment and its shareholders.”
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