Business Context and Reporting Period
This Form 8-K is a current report filed by Medalist Diversified REIT, Inc. (MDRR) on January 7, 2026, regarding events occurring on January 5, 2026. The company is incorporated in Maryland and its common stock trades on the Nasdaq Capital Market.
Financial Metrics
This filing is a current report regarding corporate governance changes and does not contain financial data. There is no information provided regarding revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The material change reported is the departure of two directors from the Board of Directors:
- Kory Kramer and A. Lee Finley notified the Company of their resignations effective January 9, 2026.
- Both directors will cease serving on the Nominating and Corporate Governance Committee and the Acquisition Committee.
- The Board anticipates reducing its size to five directors following these resignations.
- The Company explicitly states the resignations did not result from any disagreement with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
This filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies beyond the standard disclosure regarding the nature of the director resignations.
Key Facts for Investor Verification
- Verify the effective date of the resignations (January 9, 2026) and the resulting Board composition.
- Confirm whether the Company intends to appoint new directors to replace Mr. Kramer and Mr. Finley or maintain a five-member Board.
- Review subsequent filings for any impact on the Nominating and Corporate Governance Committee and Acquisition Committee functions.