Medalist Diversified REIT Announces $1.3 Million Private Placement
Medalist Diversified REIT, Inc. (MDRR)
Company Research
Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)-- Medalist Diversified REIT (NASDAQ:MDRR) (the “Company”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions, today announced its private placement of 270,833 shares of its common stock at a purchase price of $4.80 per share for gross proceeds of approximately $1.3 million. The private placement is expected to close on May 31, 2019, subject to the satisfaction of customary closing conditions. Aegis Capital Corp. served as the exclusive placement agent and Maxim Group LLC served as the Company’s financial advisor. The Company’s CEO Tim Messier commented, “We are pleased to have raised this additional capital in support of our property acquisition objectives. We continue to fill our pipeline with quality acquisition candidates and intend to put thi
Show less
Read more
Impact Snapshot
Event Time:
MDRR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MDRR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MDRR alerts
High impacting Medalist Diversified REIT, Inc. news events
Weekly update
A roundup of the hottest topics
MDRR
News
- Medalist Diversified REIT, Inc. Announces Partial Redemption of Its 8% Series A Cumulative Redeemable Preferred Stock, Par Value $0.01 Per Share [Yahoo! Finance]Yahoo! Finance
- Medalist Diversified REIT, Inc. Announces Partial Redemption of Its 8% Series A Cumulative Redeemable Preferred Stock, Par Value $0.01 Per ShareBusiness Wire
- Chair of the Board of Medalist Diversified REIT Picks Up 10% More Stock [Yahoo! Finance]Yahoo! Finance
- Medalist Diversified REIT Third Quarter 2024 Earnings: US$0.47 loss per share (vs US$1.76 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Medalist Diversified REIT, Inc. Announces Partial Redemption of Its 8% Series A Cumulative Redeemable Preferred Stock, Par Value $0.01 Per ShareBusiness Wire
MDRR
Sec Filings
- 12/17/24 - Form 8-K
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- MDRR's page on the SEC website