MacKenzie Realty Capital, Inc. 10-Q

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS In July 2023, we issued 2,265 common shares at $10.25 per share, to the Class A unit holders of the Operating Partnership who exercised their option to convert their Class A units to our common shares. During the six months ended December 31, 2023, we issued 68,808.31 of Series A preferred shares with total gross proceeds of $1,718,951, 4,444.44 of Series B preferred shares with total gross proceeds of $100,000, and 3,713.55 Series A preferred shares with total gross proceeds of $83,556 under the DRIP related to the Series A preferred, pursuant to our Regulation A Series A and Series B preferred stock offering. These private placements of our common and preferred shares were exempt from registration under Section 4(a)(2) and Section 3(b) of the Securities Act of 1933, as amended (the “Securities Act”), and Regulation D and A thereunder. Issuer Purchases of Equity Securities The following table presents information with respect to our purchases of our common stock during the period covered by this report: Execution Date Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans Maximum Dollar Value of Shares That May Yet Be Purchased Under Publicly Announced Plans During the quarter ended December 31, 2023 Common stocks September 1, 2023 through September 30, 2023 64,092.00 $ 7.38 64,092.00 - December 1, 2023 through December 31, 2023 64,497.00 $ 7.38 64,497.00 - 128,589.00 128,589.00 - Series A Preferred stocks December 1, 2023 through December 31, 2023 400.00 $ 22.8 9,100.00 - Item 3. DEFAULTS UPON SENIOR SECURITIES None. Item 4. MINE SAFETY DISCLOSURES Not applicable.