secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001558370-24-009658
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist completes 1-for-10 reverse then 5-for-1 forward split; shares drop to ~1.12M
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- Reverse 1-for-10 split effective 5:00 PM ET July 2; forward 5-for-1 split at 5:01 PM ET.
- Net result reduces outstanding shares from 2,236,631 to approximately 1,118,315.
- Fractional shares from reverse split will be cashed out at July 2 closing price.
- Par value adjusted to $0.01 per share via Third Amendment.
- Trading symbol MDRR unchanged; new CUSIP 58403P402 for post-split shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000155837024009658/0001558370-24-009658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000155837024009658/mdrr-20240702x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009658

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