secwatch.observer — SEC 8-K summary
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Issuer:     Cardiff Lexington Corp (CDIX)
CIK:        0000811222
Form:       8-K
Filed at:   2026-06-11T20:10:00+00:00
Accession:  0001683168-26-004756
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardiff Lexington enters up to $75M equity purchase agreement with Leonite Fund I
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- Commits to sell up to $25M in common stock; Company may increase to $75M at its sole discretion.
- Commitment shares: $250k in stock upfront, plus $500k more if total raised to $75M.
- Purchase price at 97% of lowest 5-day VWAP or lowest trade price on day 3 after purchase; 90% if under $0.20.
- Company controls timing and amount; investor capped at 4.99% beneficial ownership and barred from shorting.
- Registration statement due within 45 days; 36-month investment period; Company may terminate on 5 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811222/000168316826004756/0001683168-26-004756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811222/000168316826004756/cardiff_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-004756

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