Please wait

 

Exhibit 107

 

Calculation of Filing Fee Tables

FORM S-3
(Form Type)

Medalist Diversified REIT, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

 

    Security
Type		   Security
Class
Title		   Fee
Calculation
or Carry
Forward
Rule		   Amount
Registered		     Proposed
Maximum
Offering
Price
Per Unit		   Maximum
Aggregate
Offering Price
(1)		   Fee Rate   Amount of
Registration
Fee		   Carry
Forward
Form 
Type		   Carry
Forward
File
Number		   Carry
Forward
Initial
Effective
Date		   Filing Fee
Previously
Paid
in
Connection
with Unsold
Securities
to be
Carried
Forward
Newly Registered Securities
Fees to Be Paid   Equity   Common Shares   Rule 457(o)     (1)       (2)     (3)(4)(5)   0.0001531                      
                                                           
Total Offering Amounts     $ 100,000,000     0.0001531   $ 15,310                
Total Fees Previously Paid                   ¾                 
Total Fee Offsets                 $ 15,310                
Net Fee Due                 $ 0                

 

(1) Pursuant to Rule 416 under the Securities Act of 1933, as amended, (the “Securities Act”), the shares being registered hereunder include such indeterminate number of common shares as may be issuable with respect to the common shares being registered hereunder as a result of share splits, share dividends or similar transactions.

(2) Not required to be included in accordance with General Instruction II.D of Form S-3 under the Securities Act.

(3) Not required to specify by each class of security in accordance with General Instruction II.D of Form S-3 under the Securities Act.

(4) No separate consideration will be received for common shares as may, from time to time, be issued upon conversion of preferred shares registered hereunder. No separate consideration will be received for preferred shares as may, from time to time, be issued upon conversion, exchange or exercise of securities registered hereunder to the extent any such securities are, by their terms, convertible into, or exchangeable or exercisable for, preferred shares.

(5) The aggregate public offering price of the securities registered hereunder will not exceed $100,000,000.

 

 

 

 

Table 2: Fee Offset Claims and Sources

 

    Registrant or
Filer Name		   Form
or
Filing
Type		   File
Number		     Initial Filing
Date		   Filing
Date		   Fee Offset
Claimed		     Security
Type
Associated
with Fee
Offset
Claimed		   Security
Title
Associated
with Fee
Offset
Claimed		   Unsold
Securities
Associated
with Fee
Offset Claimed		   Unsold Aggregate
Offering Amount
Associated with
Fee Offset
Claimed		   Fee Paid with Fee
Offset Source		  
Fee Offset Claims   Medalist Diversified REIT, Inc.  

S-3

S-3/A

    
333-257238		    

June 21, 2021

July 2, 2021

   —   $ 15,310 (1)   Equity   Common Shares     —   $ 148,461,113     —  
Fee Offset Sources   Medalist Diversified REIT, Inc.  

S-3

S-3/A

    
333-257238		     —  

June 21, 2021

July 2, 2021

     —     —   —     —     —   $ 15,310  

 

  (1) With the filing of its Registration Statement on Form S-3 (File No. 333-257238) (the “Prior Registration Statement”), the registrant paid a registration fee of $ 16,365 (the “Unused Fee”) relating to the offer and sale of securities having a proposed maximum aggregate offering price of up to $150,000,000. On November 17, 2021, the registrant filed a prospectus supplement relating to the offer and sale of shares of common stock, par value $0.01 per share (“Common Stock”) with an aggregate offering price of $6,665,299, and 180,676 the shares of Common Stock were sold for $1,538,887. Pursuant to Rule 457(p) under the Securities Act, the Registrant is offsetting its filing fee for this Registration Statement by $15,310 (calculated at the fee rate in effect at the date of the Prior Registration Statement), which represents a portion of the registration fee previously paid with respect to the unsold shares securities that were registered pursuant to the Prior Registration Statement.  The remaining $887.11 of the Unused Fee remains available to be applied to the filing fees payable in connection with future offerings by the Registrant. The Prior Registration Statement expired on July 27, 2024.