{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-055560","form_type":"8-K","ticker":"MDRR","cik":"0001654595","company_name":"Medalist Diversified, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.864778+00:00","generated_at":"2026-06-16T01:10:11.740729+00:00","sec_items":["3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Medalist Diversified REIT completes 1-for-8 reverse stock split to meet Nasdaq $1 bid requirement","bullets":["Reverse stock split effective 5:00 p.m. ET May 3, 2023; shares reduced from 17.8M to ~2.2M.","Common stock begins trading on split-adjusted basis May 4 under same ticker MDRR; new CUSIP 58403P303.","Fractional shares settled in cash based on closing price May 3.","Split intended to help regain $1.00 minimum bid price compliance for Nasdaq listing; no assurance of success.","All stockholders affected uniformly; no percentage ownership change except for fractional share cash-out."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-055560","json":"https://secwatch.observer/filing/0001104659-23-055560.json","markdown":"https://secwatch.observer/filing/0001104659-23-055560.md","text":"https://secwatch.observer/filing/0001104659-23-055560.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654595/000110465923055560/0001104659-23-055560-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654595/000110465923055560/tm2314153d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:10:11.740729+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a5467edd57d61703904e13cf22dc62e318e5404","claim":"Medalist Diversified, Inc.: Filed two Articles of Amendment to effect a 1-for-8 reverse stock split and decrease par value from $0.08 to $0.01 per share (effective 2023-04-19).","evidence_excerpt":"on April 19, 2023, the Company filed two Articles of Amendment to its charter with the State Department of Assessments and Taxation of Maryland that provided for: (i) a 1-for-8 Reverse Stock Split of the Common Stock, effective at 5:00 p.m. Eastern Time on May 3, 2023 (the \"First Amendment\"); and (ii) the par value of the Common Stock to be decreased from $0.08 per share (as a result of the 1-for-8 Reverse Stock Split) back to $0.01 per share, effective at 5:01 p.m. Eastern Time on May 3, 2023 (the \"Second Amendment\").","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654595/000110465923055560/0001104659-23-055560-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}