Medalist Diversified REIT Announces Closing of Public Offering of Common Stock
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 the closing of a public offering of 1,666,667 shares of its common stock at a price to the public of $4.80 per share, for a total of approximately $8 million in gross proceeds. Shares of the Company’s common stock trade on the Nasdaq Capital Market under the ticker symbol “MDRR.” The company has granted the underwriters a 45-day option to purchase up to 250,000 additional shares to cover overallotments, if any. Aegis Capital Corp. served as the sole book runner for the offering and Maxim Group LLC served as the Company’s financial advisor. The shares were offered pursuant to a registration statement on Form S-11 (File No.
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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