8-KFiled Jul 21, 8:00 PM ET

Medalist Diversified Enters Agreements to Buy Two Texas Properties

$MDRR · Medalist Diversified, Inc.

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Medalist Diversified Enters Agreements to Buy Two Texas Properties

What Happened Medalist Diversified, Inc. (MDRR) filed an 8‑K (dated July 22, 2026) disclosing that on July 21, 2026 it signed two Purchase and Sale Agreements to acquire Caliber Collision centers: the Denton Property at 8600 Highway 377, Aubrey, TX for $5,494,444 and the Johnson Property at 282 S. Colonial Drive, Cleburne, TX for $5,648,000. The company must make earnest money deposits of $122,000 (Denton) and $105,000 (Johnson) within three business days of the effective date. Each acquisition is expected to close within 60 days, subject to customary conditions and adjustments.

Key Details

  • Total purchase price: $5,494,444 (Denton) + $5,648,000 (Johnson) = $11,142,444.
  • Earnest money deposits: $122,000 (Denton) and $105,000 (Johnson), due within 3 business days of July 21, 2026.
  • Company intends to assign each acquisition to newly formed Delaware statutory trusts (DSTs) and offer beneficial interests to accredited investors in a Regulation D private placement; proceeds would be used to redeem the company’s beneficial interests for cash.
  • Closings are subject to several remaining conditions; deposits may be non‑refundable under certain circumstances.

Why It Matters These agreements, if completed, would add two income-producing commercial properties (Caliber Collision centers) to assets associated with Medalist Diversified. The planned use of DSTs and a Regulation D offering means the company expects outside accredited investors to fund or partially fund the acquisitions and to receive cash proceeds to redeem the company’s interests. Investors should note the transactions are not guaranteed to close, there are contingencies and potential forfeiture of deposits, and the filing includes standard forward‑looking statement cautions.