Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Cardiff Lexington Corp: Amended certificates of designation for Series B, C, E, I, and Y Preferred Stock to adjust conversion prices for reverse stock splits and increase authorized shares of Series Y Preferred Stock from 1,000,000 to 1,250,000 (effective 2024-11-27).
- Change
- charter amendment
- Effective
- 2024-11-27
Exact text from the filing
On November 27, 2024, Cardiff Lexington Corporation (the “ Company ”) filed Certificates of Amendment to the Certificates of Designation for the Company’s Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series I Preferred Stock and Series Y Senior Convertible Preferred Stock (the “ Amendments ”) with the Nevada Secretary of State’s Office, pursuant to which (i) the Certificates of Designation for the Company’s Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock and Series I Preferred Stock were amended to provide that the conversion prices for such series of Preferred Stock shall be subject to adjustment for reverse stock splits or other stock combinations with respect to the Company’s Common Stock and (ii) the Certificate of Designation for the Company’s Series Y Senior Convertible Preferred Stock was amended to increase the number of authorized shares of Series Y Senior Convertible Preferred Stock from 1,000,000 shares to 1,250,0
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