CEO Francis Kavanaugh buys 160K partnership units for $2M in private placement

Medalist Diversified, Inc.

CEO Francis Kavanaugh purchased 160,000 units of MDH LP at $12.50 per unit, total consideration $2,000,000.
Units are redeemable for common stock only upon stockholder approval at a meeting or by written consent.
Private placement exempt from registration under Rule 506(b) of Regulation D; no general solicitation.
Transaction signals insider confidence; proceeds bolster partnership capital.
No other material definitive agreements or changes reported in the filing.

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