secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2026-05-28T20:10:48+00:00
Accession:  0001104659-26-067494
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist Diversified subsidiary secures $15.8M pledged asset line from Charles Schwab
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- Own Digital Treasury TRS entered PAL Agreement with Charles Schwab for a revolving credit facility secured by brokerage account collateral.
- Borrowing capacity up to $15.8M based on collateral value as of May 21, 2026.
- Interest rate is variable based on SOFR plus applicable margin; customary events of default included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465926067494/0001104659-26-067494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465926067494/mdrr-20260528x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-067494

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer