{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-075174","form_type":"8-K","ticker":"MDRR","cik":"0001654595","company_name":"Medalist Diversified, Inc.","filed_at":"2026-06-17T20:30:42+00:00","discovered_at":"2026-06-17T20:32:00.528048+00:00","generated_at":"2026-06-17T20:32:46.751380+00:00","sec_items":["1.01","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Medalist Diversified enters agreement to sell Brookfield Center for $10.25M; stockholders approve NOL charter amendment","bullets":["Property: 64,880 sq ft flex-industrial in Greenville, SC; purchase price $10.25M; expected close within 45 days.","Earnest money deposit $150k; buyer Person Street Partners GP Fund I, L.P.","Stockholders approved charter amendment restricting transfers above 4.9% to protect NOL/NCL tax benefits.","At annual meeting, directors Kavanaugh and Farmer elected; say-on-pay and auditor ratification passed.","Quorum 65% (928,583 of 1,428,500 shares present)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-075174","json":"https://secwatch.observer/filing/0001104659-26-075174.json","markdown":"https://secwatch.observer/filing/0001104659-26-075174.md","text":"https://secwatch.observer/filing/0001104659-26-075174.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654595/000110465926075174/0001104659-26-075174-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654595/000110465926075174/mdrr-20260616x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T20:32:46.751380+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":"bd2ccd534a822e78a3c6cc7d7a26419e49d00923","claim":"Medalist Diversified, Inc.: Approved amendment to Articles of Incorporation to restrict stock transfers to protect net operating loss and net capital loss tax benefits (effective 2026-06-16).","evidence_excerpt":"On June 16, 2026, Medalist Diversified, Inc. (the “Company”) held its 2026 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved an amendment to the Company’s Articles of Incorporation (the “Charter Amendment”), which includes provisions designed to protect the tax benefits of the Company’s net operating losses (“NOLs”) and net capital losses (“NCLs”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654595/000110465926075174/0001104659-26-075174-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-06-16"}],"fact_type":"governance_change"},{"claim_id":"80d81cf73c11612a1622173d95dc031ea8539bc1","claim":"Medalist Diversified, Inc. entered into Purchase and Sale Agreement with Person Street Partners GP Fund I, L.P. valued at $10,250,000 (effective 2026-06-17).","evidence_excerpt":"On June 17, 2026, (the “Effective Date”), MDR Brookfield, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with Person Street Partners GP Fund I, L.P., a Delaware limited partnership (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) Brookfield Center, an approximately 64,880 square foot flex-industrial property in Greenville, South Carolina and more particularly described in Exhibit A to the Purchase and Sale Agreement (the “Property”). The total consideration for the Property is $10,250,000 (the “Consideration”), subject to the prorations and adjustments described in the Purchase and Sale Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654595/000110465926075174/0001104659-26-075174-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Person Street Partners GP Fund I, L.P."},{"label":"Value","value":"$10,250,000"},{"label":"Effective","value":"2026-06-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}