Medalist Diversified REIT Confirms Nasdaq Listing for Common & Preferred Stock
Ticker: MDRR · Form: 8-K · Filed: Jan 24, 2024 · CIK: 1654595
| Field | Detail |
|---|---|
| Company | Medalist Diversified Reit, Inc. (MDRR) |
| Form Type | 8-K |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $0.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, stock-listing, corporate-governance
TL;DR
**MDRR and MDRRP remain listed on Nasdaq, confirming market access for investors.**
AI Summary
Medalist Diversified REIT, Inc. filed an 8-K on January 24, 2024, to update its registered securities. The filing confirms that both its Common Stock ($0.01 par value) and its 8.0% Series A Cumulative Redeemable Preferred Stock ($0.01 par value) are registered on the Nasdaq Capital Market under the symbols MDRR and MDRRP, respectively. This matters to investors as it reaffirms the company's continued listing and trading on a major exchange, providing liquidity and transparency for shareholders.
Why It Matters
This filing confirms Medalist Diversified REIT's securities are actively traded on the Nasdaq Capital Market, which is crucial for investor confidence and market liquidity.
Risk Assessment
Risk Level: low — This filing is a routine update confirming existing listings and does not introduce new financial risks or operational changes.
Analyst Insight
A smart investor would note this routine filing as confirmation of continued market access and liquidity for Medalist Diversified REIT's shares, but it doesn't provide new information to drive immediate trading decisions.
Key Numbers
- $0.01 — par value (par value for both Common Stock and Series A Preferred Stock)
- 8.0% — dividend rate (dividend rate for Series A Cumulative Redeemable Preferred Stock)
Key Players & Entities
- Medalist Diversified REIT, Inc. (company) — the registrant filing the 8-K
- Nasdaq Capital Market (company) — the exchange where securities are registered
- $0.01 (dollar_amount) — par value of Common Stock and Preferred Stock
- MDRR (company) — trading symbol for Common Stock
- MDRRP (company) — trading symbol for 8.0% Series A Cumulative Redeemable Preferred Stock
FAQ
What is the purpose of this 8-K filing by Medalist Diversified REIT, Inc.?
The purpose of this 8-K filing, dated January 24, 2024, is to report 'Other Events' and 'Financial Statements and Exhibits,' specifically confirming the registration of its securities pursuant to Section 12(b) of the Securities Exchange Act of 1934.
Which specific securities of Medalist Diversified REIT, Inc. are mentioned in this filing?
The filing specifically mentions two classes of securities: 'Common Stock, $0.01 par value' and '8.0% Series A Cumulative Redeemable Preferred Stock, $0.01 par value'.
On which exchange are Medalist Diversified REIT, Inc.'s securities registered?
Both the Common Stock and the 8.0% Series A Cumulative Redeemable Preferred Stock of Medalist Diversified REIT, Inc. are registered on the Nasdaq Capital Market.
What are the trading symbols for Medalist Diversified REIT, Inc.'s listed securities?
The trading symbol for the Common Stock is MDRR, and the trading symbol for the 8.0% Series A Cumulative Redeemable Preferred Stock is MDRRP.
What is the par value for the Common Stock and the Series A Preferred Stock as stated in the filing?
Both the Common Stock and the 8.0% Series A Cumulative Redeemable Preferred Stock have a par value of $0.01, as stated in the filing.
Filing Stats: 513 words · 2 min read · ~2 pages · Grade level 9.4 · Accepted 2024-01-24 16:30:29
Key Financial Figures
- $0.01 — d Trading Symbol(s) Common Stock, $0.01 par value Nasdaq Capital Market MDR
- $0.50 — emable Preferred Stock in the amount of $0.50 per share. Both dividends will be payab
Filing Documents
- tm244013d1_8k.htm (8-K) — 28KB
- tm244013d1_ex99-1.htm (EX-99.1) — 6KB
- image_001.jpg (GRAPHIC) — 11KB
- 0001104659-24-006276.txt ( ) — 266KB
- mdrr-20240124.xsd (EX-101.SCH) — 4KB
- mdrr-20240124_def.xml (EX-101.DEF) — 26KB
- mdrr-20240124_lab.xml (EX-101.LAB) — 36KB
- mdrr-20240124_pre.xml (EX-101.PRE) — 25KB
- tm244013d1_8k_htm.xml (XML) — 5KB
01
Item 8.01 Other Information. On January 24, 2024, the Company issued a press release announcing (i) the declaration of a quarterly dividend for the fourth quarter of 2023 on the Company's Common Stock in the amount of $0.01 per share, and (ii) the declaration of a quarterly dividend for the fourth quarter of 2023 on the Company's 8.0% Series A Cumulative Redeemable Preferred Stock in the amount of $0.50 per share. Both dividends will be payable on February 2, 2024 to shareholders of record on February 1, 2024. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated January 24, 2024 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL Document SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MEDALIST DIVERSIFIED REIT, INC. Dated: January 24, 2024 By: /s/ C. Brent Winn, Jr. C. Brent Winn, Jr. Chief Financial Officer