0001654595 2025-06-30 0001654595 2026-03-02 0001654595 2025-01-01 2025-12-31 shares iso4217:USD 0001654595 --12-31 2025 FY false 10-K/A true 2025-12-31 false 001-38719 MEDALIST DIVERSIFIED, INC. MD 47-5201540 P.O. Box 8436 Richmond VA 23226 804 338-7708 Common Stock, $0.01 par value per share MDRR NASDAQ No No Yes Yes Non-accelerated Filer true false false false false 6923881 1428500 677 Cherry Bekaert LLP Richmond, Virginia true Timing of Grants of Options and Similar Awards We do not currently grant options or awards with option-like features. In the event we determine to grant new options or awards with option-like features, our Compensation Committee will evaluate the appropriate steps to take in relation to the timing of grants of such awards and the disclosure of material nonpublic information. Specifically, options and awards with option-like features would be granted at regularly scheduled compensation committee meetings, the dates of which will be set during the prior year to assure that the timing of meetings and awards is unrelated to the release of material nonpublic information. We do not currently grant options or awards with option-like features. In the event we determine to grant new options or awards with option-like features, our Compensation Committee will evaluate the appropriate steps to take in relation to the timing of grants of such awards and the disclosure of material nonpublic information. Specifically, options and awards with option-like features would be granted at regularly scheduled compensation committee meetings, the dates of which will be set during the prior year to assure that the timing of meetings and awards is unrelated to the release of material nonpublic information.