Medalist Diversified REIT, Inc.’s $4.6 Million Offering of Series A Stock

Sichenzia Ross Ference represented Aegis Capital Corp. as sole book runner in the underwritten public offering of 200,000 shares of 8% Series A Cumulative Redeemable Preferred Stock of Medalist Diversified REIT, Inc. (Nasdaq:MDRR)

Medalist Diversified REIT, Inc. (Nasdaq:MDRR) is a real estate investment trust specializing in the acquisition, ownership and management of value-add commercial real estate. The shares were sold at an offering price of $23.00 per share for gross proceeds of $4.6 million and commenced trading on the Nasdaq Capital Market under the symbol “MDRRP.”

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia (Picture), Darrin Ocasio and Avital Perlman and associate Grant Levine.

Involved fees earner: Grant Levine – Sichenzia Ross Ference LLP; Darrin Ocasio – Sichenzia Ross Ference LLP; Avital Perlman – Sichenzia Ross Ference LLP; Gregory Sichenzia – Sichenzia Ross Ference LLP;

Law Firms: Sichenzia Ross Ference LLP;

Clients: Aegis Capital Corporation;


Author: Ambrogio Visconti