SCHEDULE 13G: Armistice Capital and Steven Boyd Disclose 9.99% Stake in MacKenzie Realty Capital
Beneficial Ownership Disclosure
Investment firm Armistice Capital, LLC and its managing member Steven Boyd have disclosed a 9.99% beneficial ownership stake in MacKenzie Realty Capital, Inc. through a Schedule 13G filing.
Summary
- Armistice Capital, LLC and Steven Boyd (collectively, the "Reporting Persons") have filed a Schedule 13G with the SEC.
- The Reporting Persons collectively beneficially own 1,579,006 shares of MacKenzie Realty Capital, Inc.'s Common Stock.
- This ownership represents 9.99% of the total class of securities.
- Armistice Capital, LLC, a Delaware entity, is identified as an investment adviser and holds shared voting and shared dispositive power over all 1,579,006 shares.
- Steven Boyd, a U.S. citizen and managing member of Armistice Capital, LLC, also holds shared voting and shared dispositive power over the same 1,579,006 shares.
- The shares are directly held by Armistice Capital Master Fund Ltd., a Cayman Islands exempted company, for which Armistice Capital, LLC acts as the investment manager.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative operational or financial news about the issuer. The sentiment is neutral as it simply reports a significant stake.
Positives
- The disclosure of a significant institutional stake (9.99%) by Armistice Capital and Steven Boyd may signal increased institutional interest or confidence in MacKenzie Realty Capital, Inc.
Future Outlook
NA
Industry Context
This filing indicates a significant institutional investment in MacKenzie Realty Capital, Inc., a real estate investment company. Such disclosures are common in the investment management industry as funds accumulate positions in publicly traded companies, signaling their ownership thresholds.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake (9.99%) by Armistice Capital and Steven Boyd could be viewed positively by existing shareholders, potentially signaling increased institutional interest or confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement |
| 05/15/2025 | Date of Schedule 13G filing and signature |
Keywords
MacKenzie Realty Capital, Armistice Capital, Steven Boyd, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Institutional Investor, SEC Filing
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