other
confidence high
sentiment neutral
materiality 0.10
Medalist Diversified REIT amends 8-K to disclose unregistered sale of 417,391 OP Units
Medalist Diversified, Inc.
- Amends Feb 20, 2024 8-K to add Item 3.02 disclosure for unregistered sale of 417,391 OP Units.
- OP Units issued in connection with N. Central Ave. PSA, exempt from registration under Section 4(a)(2).
- OP Units redeemable for cash or MDRR common stock, but stock redemption requires stockholder approval.