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Medalist Diversified nullifies charter amendment to protect NOLs after vote failed
MDRRMedalist Diversified, Inc.
Medalist Diversified filed a Certificate of Correction with Maryland authorities confirming that its June 17, 2026 Articles of Amendment are of no force or effect. The company initially believed stockholders approved the amendment at their annual meeting on June 16, but later determined it did not receive the requisite vote despite appearing to have over 95% support. Consequently, the charter remains in its pre-amendment state. The Board intends to seek approval again at a special meeting. Medalist Diversified operates as an investment holding company.