Sichenzia Ross Ference LLP Announces $1.3 million Private Placement of Common Stock of Medalist Diversified REIT, Inc.
Press Release – New York, NY – May 31, 2019 – Sichenzia Ross Ference LLP announced today that it has represented Aegis Capital Corp. as placement agent in a private offering of 270,833 shares of Common Stock of Medalist Diversified REIT, Inc. (NASDAQ: MDRR) at a purchase price of $4.80 per share for gross proceeds of approximately $1.3 million.
Medalist Diversified REIT, Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeastern United States.
The Sichenzia Ross Ference LLP team was led by partners Darrin Ocasio, Gregory Sichenzia, Michael Ference and Avital Perlman and associate Grant Levine.
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