---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-016327"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:28:01.853754+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT Enters Property Acquisitions, Faces Preferred Stock Delisting

## Summary
- Acquired two properties: Dan Tibbs Road in Huntsville, AL for $3.145M and Scottsville Road in Bowling Green, KY for $2.62M, paid with Series B Preferred Units and Common Units.
- Received Nasdaq notice that its 8.0% Series A Cumulative Redeemable Preferred Stock (MDRRP) fails minimum publicly held shares; plans to redeem all shares on Jan 10, 2025, leading to delisting.
- Closed private placement of 230,000 common shares at $12.50/share to investors including CFO, exempt under Rule 506(b).
- Board granted waivers of ownership limits to allow certain investors to own up to 7.50% of outstanding capital stock.

## SEC filing metadata
- accession: 0001558370-24-016327
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000155837024016327/0001558370-24-016327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000155837024016327/mdrr-20241211x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-016327
- JSON: https://secwatch.observer/filing/0001558370-24-016327.json
- Plain text: https://secwatch.observer/filing/0001558370-24-016327.txt

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