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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
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SCHEDULE 13D/A 0000897423-25-000003 0001936183 XXXXXXXX LIVE 1 Common Stock, $.01 Par Value 03/17/2025 false 0001654595 58403P402 Medalist Diversified REIT, Inc. P.O. Box 8436 Richmond VA 23226 Calvin M. Jackson 817-332-2500 201 Main Street Suite 2500 Fort Worth TX 76102 0001936183 N Finley Alfred Lee b PF N X1 8849.00 156250.00 8849.00 156250.00 165099.00 N 12.1 IN 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. 0001936147 N Finley Susan b PF N X1 1560.00 156250.00 1560.00 156250.00 157810.00 N 11.6 IN 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. 0001936172 N ALF Operating Partners, Ltd. b WC N TX 7810.00 0.00 7810.00 0.00 7810.00 N 0.6 PN 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. Common Stock, $.01 Par Value Medalist Diversified REIT, Inc. P.O. Box 8436 Richmond VA 23226 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. 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 is hereby amended and restated in its entirety as follows: Exhibit 99.1 Joint Filing Agreement pursuant to Rule 13d-1(K)(1)(iii). Finley Alfred Lee Alfred Lee Finley Individual 03/20/2025 Finley Susan Susan Finley Individual 03/20/2025 ALF Operating Partners, Ltd. Alfred Lee Finley Alfred Lee Finley, President of ALF Acquisitions Company, LLC, General Partner 03/20/2025