secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2025-01-22T23:59:59+00:00
Accession:  0001558370-25-000320
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist Diversified posts delayed Q1-Q3 2024 supplements; Q2 net loss of $0.5M; grants insider ownership waiver to CFO
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- Posts Q1-Q3 2024 financial supplements; Q1 net income $1.36M ($0.60 diluted EPS), Q2 net loss $0.52M (-$0.23 EPS).
- Q2 total revenue $2.30M, down 8.5% YoY; portfolio occupancy 97.6% as of June 30, 2024.
- Board waived ownership limit for CFO C. Brent Winn Jr., allowing up to 4.9% of outstanding capital stock.
- Q2 core FFO per share $0.16, AFFO per share $0.22; Q1 core FFO $0.06, AFFO $0.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000155837025000320/0001558370-25-000320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000155837025000320/mdrr-20250122x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000320

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer