---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-038547"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T07:59:09.593865+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified sells Franklin Square retail property for $24.1M, declares $0.0675 dividend

## Summary
- Sold 134,239 sq ft Shops at Franklin Square in Gastonia, NC for $24.1M on March 30, 2026.
- Used $12.95M of proceeds to fully repay mortgage on the property.
- Declared Q1 dividend of $0.0675/share, payable April 21, 2026 to holders of record as of April 15.
- Pro forma net loss attributable to common shareholders for 2025 was $3.4M ($2.70 EPS), wider than $2.4M historical loss.
- This is the fifth property sale since October 2025 as part of disposition strategy.

## SEC filing metadata
- accession: 0001104659-26-038547
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000110465926038547/0001104659-26-038547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000110465926038547/mdrr-20260330x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-038547
- JSON: https://secwatch.observer/filing/0001104659-26-038547.json
- Plain text: https://secwatch.observer/filing/0001104659-26-038547.txt

## Source-grounded claims
- claim_id: 7ced1e1fc4047109d488821fbcb72207020ac5eb
  claim: Medalist Diversified, Inc. completed a disposition involving PC Acquisitions, LLC for $24,100,000 (closed 2026-03-30).
  evidence_excerpt: On March 30, 2026, the Company closed on the sale of the Franklin Square Property (the “Disposition”). The total sales price of the Franklin Square Property was $24,100,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000110465926038547/0001104659-26-038547-index.htm

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