other material
confidence high
sentiment neutral
materiality 0.50
Cardiff Lexington creates Series A-1 preferred stock with 25% voting power per share
Cardiff Lexington Corp
- Filed certificate of designation with Nevada SOS on Aug 31, 2026 for 2 shares of Series A-1 preferred.
- Series A-1 ranks senior to common, pari passu with Series A, junior to several other preferred series.
- No dividend rights; liquidation preference of $250 per share, paid after senior securities.
- Each share votes as 25% of all other equity votes plus 1; converts to common on transfer except to affiliates.
- No conversion (except on transfer) or redemption rights.