secwatch.observer — SEC 8-K summary
======================================

Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2026-06-17T20:30:42+00:00
Accession:  0001104659-26-075174
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist Diversified enters agreement to sell Brookfield Center for $10.25M; stockholders approve NOL charter amendment
--------------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465926075174/0001104659-26-075174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465926075174/mdrr-20260616x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-075174

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