NASDAQ: MDRR Medalist Diversified, Inc. 8-K

Medalist Diversified to acquire Kansas auto service property for $5.8M in DST structure

Filed June 9, 2026 · Period ending June 8, 2026 · ~1 min read

Key Changes

  • high

    Company agreed to buy 1.64-acre Overland Park property with 16,100 sq ft automotive service building for $5.8M, closing expected within 45 days

  • high

    Plans to transfer property to new Delaware statutory trust and sell beneficial interests to accredited investors via private placement, using proceeds to cash out company's own stake

  • medium

    Required to deposit $150,000 earnest money within three business days; deposit may be non-refundable under certain conditions if deal fails

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Generated by AI · Jun 10, 2026 4:05 PM