Filing Details
- Accession Number:
- 0000897423-25-000030
- Form Type:
- 13D Filing
- Publication Date:
- 2025-03-19 20:00:00
- Filed By:
- Finley Alfred Lee
- Company:
- Medalist Diversified Reit Inc.
- Filing Date:
- 2025-03-20
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Finley Alfred Lee | 8,849 | 156,250 | 8,849 | 156,250 | 165,099 | 12.1% |
| Finley Susan | 1,560 | 156,250 | 1,560 | 156,250 | 157,810 | 11.6% |
| ALF Operating Partners, Ltd. | 7,810 | 0 | 7,810 | 0 | 7,810 | 0.6% |
Filing
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
|
Medalist Diversified REIT, Inc. (Name of Issuer) |
Common Stock, $.01 Par Value (Title of Class of Securities) |
58403P402 (CUSIP Number) |
Calvin M. Jackson 201 Main Street, Suite 2500 Fort Worth, TX, 76102 817-332-2500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
03/17/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
|
| CUSIP No. | 58403P402 |
| 1 |
Name of reporting person
Finley Alfred Lee | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
 (b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
165,099.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
12.1 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
7,810 shares are held by ALF Operating Partners, Ltd. Alfred Lee Finley, in his capacity as the sole member and President of ALF Acquisitions Company, LLC, which is the general partner of ALF Operating Partners, Ltd., exercises sole voting and dispositive power over such shares. 1,039 shares are held by Alfred Lee Finley individually.
156,250 shares are held by Alfred Lee Finley and his spouse, Susan Finley, as joint tenants.
SCHEDULE 13D
|
| CUSIP No. | 58403P402 |
| 1 |
Name of reporting person
Finley Susan | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
157,810.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
11.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
1,560 shares are held by Susan Finley individually.
156,250 shares are held by Susan Finley and her spouse, Alfred Lee Finley, as joint tenants.
SCHEDULE 13D
|
| CUSIP No. | 58403P402 |
| 1 |
Name of reporting person
ALF Operating Partners, Ltd. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
TEXAS
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
7,810.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
0.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
Comment for Type of Reporting Person:
Power is exercised by Alfred Lee Finley in his capacity as sole member and President of ALF Acquisitions Company, LLC, the general partner of ALF Operating Partners, Ltd.
SCHEDULE 13D
|
| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, $.01 Par Value | |
| (b) | Name of Issuer:
Medalist Diversified REIT, Inc. | |
| (c) | Address of Issuer's Principal Executive Offices:
P.O. Box 8436, Richmond,
VIRGINIA
, 23226. | |
Item 1 Comment:
This Amendment No. 1 to the Schedule 13D filed January 29, 2025, is being made in response to correspondence dated March 17, 2025, from the Division of Corporation Finance of the Securities and Exchange Commission requesting clarification of the following aspects of the Schedule 13D: the date of event requiring filing, transactions reported in Item 5(c), and the addition of a joint filing exhibit. The date reported on the Schedule 13D as requiring filing was June 25, 2024, which was the date on which Mr. Finley was appointed to the Issuer's board of directors. The inquires relating to Item 5(c) and the joint filing exhibit are addressed in this amendment. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (c) | Paragraph (c) of Item 5 is hereby amended and restated in its entirety as follows:
(c) During the period commencing 60 days prior to July 2, 2024 through January 29, 2025 (such period, the "Look-Back Period"), the only transaction in the shares of Common Stock effected by the Item 2 Persons is as follows:
On January 28, 2025, 1,039 shares of Common Stock were granted to Lee Finley by the board of directors pursuant to the Issuer's 2018 Equity Incentive Plan in connection with Lee Finley's service on the board of directors.
Except as set forth in this paragraph (c), to the best knowledge of the Reporting Persons, none of the Item 2 Persons have effected any transactions in the shares of the Common Stock during the Look-Back Period. | |
| Item 7. | Material to be Filed as Exhibits. | |
Item 7 is hereby amended and restated in its entirety as follows:
Exhibit 99.1 Joint Filing Agreement pursuant to Rule 13d-1(K)(1)(iii).
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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