Medalist REIT Files 8-K on Financials and Operations

Ticker: MDRR · Form: 8-K · Filed: Apr 8, 2024 · CIK: 1654595

Medalist Diversified Reit, Inc. 8-K Filing Summary
FieldDetail
CompanyMedalist Diversified Reit, Inc. (MDRR)
Form Type8-K
Filed DateApr 8, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.01, $0.02, $0.50
Sentimentneutral

Sentiment: neutral

Topics: financial-condition, operations, disclosure

TL;DR

Medalist REIT dropped an 8-K detailing its financial condition and operations - check it for the latest numbers.

AI Summary

On April 8, 2024, Medalist Diversified REIT, Inc. filed an 8-K report. The filing primarily concerns the company's financial condition and results of operations, along with other events and disclosures under Regulation FD. It also includes financial statements and exhibits.

Why It Matters

This 8-K filing provides crucial updates on Medalist Diversified REIT's financial performance and operational status, which are important for investors to assess the company's current health and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of financial information and operational updates, not indicating any immediate or significant new risks.

Key Players & Entities

  • Medalist Diversified REIT, Inc. (company) — Registrant
  • April 8, 2024 (date) — Date of Report
  • 804-338-7708 (phone_number) — Registrant's telephone number
  • PO BOX 8436 RICHMOND VA 23226 (address) — Principal executive offices

FAQ

What specific financial results or operational updates are detailed in this 8-K filing?

The filing indicates it concerns 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but the specific details of these results are not provided in the provided text.

What is the primary purpose of this 8-K filing for Medalist Diversified REIT, Inc.?

The primary purpose is to report on the company's results of operations and financial condition, as well as to disclose other events and provide financial statements and exhibits.

When was this 8-K filing submitted?

The filing was submitted on April 8, 2024.

What is the state of incorporation for Medalist Diversified REIT, Inc.?

Medalist Diversified REIT, Inc. is incorporated in Maryland.

Does this filing mention any specific new events or regulatory disclosures?

Yes, the filing explicitly lists 'Regulation FD Disclosure' and 'Other Events' as items being reported, alongside 'Results of Operations and Financial Condition'.

Filing Stats: 745 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-04-08 16:30:27

Key Financial Figures

  • $0.01 — ed Trading Symbol(s) Common Stock, $0.01 par value Nasdaq Capital Market MDR
  • $0.02 — Company's Common Stock in the amount of $0.02 per share, and (ii) the declaration of
  • $0.50 — emable Preferred Stock in the amount of $0.50 per share. Both dividends will be payab

Filing Documents

02

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION The information set forth in Item 7.01 is incorporated by reference into this Item 2.02. . R

01

ITEM 7.01 REGULATION FD DISCLOSURE On April 8, 2024, Medalist Diversified REIT, Inc., a Maryland corporation (the "Company") released a letter from Francis P. Kavanaugh, the Company's President and CEO and Brent Winn, the Company's Chief Financial Officer, providing a review of fiscal year 2023 results and the Company's plans for fiscal year 2024. A copy of the letter is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference and is also available on the "Investors" section of the Company's website at www.medalistreit.com. On April 8, 2024, the Company released its financial supplement for the year ended December 31, 2023 (the "Financial Supplement"). A copy of the Financial Supplement is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference and is also available on the "Investors" section of the Company's website at www.medalistreit.com. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 shall not be deemed to be "filed" for purposes of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and shall not be incorporated by reference into any registration statement or other document filed under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing. .

01

ITEM 8.01 OTHER INFORMATION On April 8, 2024, the Company announced (i) the declaration of a quarterly dividend for the first quarter of 2024 on the Company's Common Stock in the amount of $0.02 per share, and (ii) the declaration of a quarterly dividend for the first quarter of 2024 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 April 25, 2024 to shareholders of record on April 22, 2024. .

FINANCIAL STATEMENTS AND EXHIBITS

FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Number Description of Exhibit 99.1 Letter to Shareholders, dated April 8, 2024 99.2 Financial Supplement dated April 8, 2024 for the year ending December 31, 2023 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MEDALIST DIVERSIFIED REIT, INC. Dated: April 8, 2024 By: /s/ C. Brent Winn, Jr. C. Brent Winn, Jr. Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.