---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-064159"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T16:02:55.212186+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT appoints Francis Kavanaugh to Board, forms Special Committee for strategic alternatives

## Summary
- Board increased from 5 to 6; Kavanaugh appointed effective May 24, 2023, and will be nominated for re-election at 2023 annual meeting.
- Kavanaugh also appointed to Special Committee exploring strategic alternatives to maximize shareholder value.
- Cooperation agreement includes standstill restrictions until 2024 annual meeting or sale/merger.
- Kavanaugh has 30+ years experience, currently Managing Director at Fort Ashford Funds.

## SEC filing metadata
- accession: 0001104659-23-064159
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000110465923064159/0001104659-23-064159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000110465923064159/tm2316620d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-064159
- JSON: https://secwatch.observer/filing/0001104659-23-064159.json
- Plain text: https://secwatch.observer/filing/0001104659-23-064159.txt

## Key facts
- Executive change
  Francis P. Kavanaugh was appointed as Director at Medalist Diversified, Inc..
  - Action: appointed
  - Role: Director
  source text: appointed Francis P. Kavanaugh to the Board, effective May 24, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000110465923064159/0001104659-23-064159-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.