secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001558370-24-009367
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist Diversified REIT to effect 1:10 reverse then 5:1 forward stock split on July 2
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- Outstanding shares reduced from 2,236,631 to approximately 1,118,315 as a net result.
- Reverse split (1:10) effective 5:00 p.m. ET July 2; forward split (5:1) immediate after.
- No fractional shares; cash in lieu based on July 2 closing price.
- Trading on split-adjusted basis begins July 3 under new CUSIP 58403P402.
- Company cautions splits may decrease liquidity and total market capitalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000155837024009367/0001558370-24-009367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000155837024009367/mdrr-20240620x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009367

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