MacKenzie Realty Capital Inc. suspended its Preferred Share Repurchase Program while reviewing strategic alternatives, including reverse takeovers, presented by financial adviser Maxim Group LLC. For the year ended June 30, 2026, revenue fell 9% to $20.01 million from $22.06 million, while net operating loss narrowed 33% to $15.61 million and net loss declined 41% to $14.13 million. CEO Robert Dixon attributed the revenue decline mainly to approximately $3.0 million of lease termination income recognized in fiscal 2025 and said the results were in line with internal expectations. The Board said common stock issued in exchange for preferred shares had created selling pressure that could complicate negotiations. MacKenzie said there is no assurance a strategic transaction will be completed. Its shares rose 21.37% to $1.59 in after-hours trading after closing the regular session at $1.31, down 4.37%.