---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013263"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2024-10-11T23:59:59+00:00"
generated_at: "2026-05-30T15:28:23.596309+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-013263
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2024-10-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000155837024013263/0001558370-24-013263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000155837024013263/mdrr-20241011x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013263
- JSON: https://secwatch.observer/filing/0001558370-24-013263.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013263.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.