other material
confidence high
sentiment neutral
materiality 0.45
Medalist Diversified REIT annual meeting results: board elected, reverse split authorized
Medalist Diversified, Inc.
- David Lunin elected as Class I director with 419,745 votes for, 52,454 withheld; 492,373 broker non-votes.
- Advisory say-on-pay approved (581,443 for, 48,076 against, 2,407 abstentions; 332,647 broker non-votes).
- Shareholders favored one-year frequency for future say-on-pay votes (616,713 votes for one-year).
- Ratification of Cherry Bekaert LLP as auditor for FY 2024 passed (933,413 for, 24,439 against, 6,718 abstain).
- Approval of amendment to allow reverse stock split at ratio of 1-for-10 to 1-for-100, at Board's discretion within one year (842,566 for).