Cardiff Lexington Corp entered into Purchase Agreement with an institutional investor valued at up to $25,000,000 (effective 2026-06-05).
“On June 5, 2026, Cardiff Lexington Corporation, a Nevada corporation (the “ Company ”), entered into a common stock purchase agreement (the “ Purchase Agreement ”) and a registration rights agreement (the “ Registration Rights Agreement ”) with an institutional investor (the “ Investor ”), pursuant to which the Investor has committed to purchase up to $25,000,000 of shares of the Company’s common stock”
Governance Changes
Cardiff Lexington Corp: Certificate of Amendment to Certificate of Designation for Series N Preferred Stock removed redemption provisions (effective 2026-01-29).
“On January 29, 2026, Cardiff Lexington Corporation (the “ Company ”) filed a Certificate of Amendment (the “ Amendment ”) to the Certificate of Designation for the Company’s Series N Senior Convertible Preferred Stock (the “ Certificate of Designation ”) with the Nevada Secretary of State’s Office, pursuant to which the Certificate of Designation was amended to remove the redemption provisions, which previously provided for an optional redemption by the Company and a mandatory redemption at the option of the holder in certain circumstances.”
Auditor Changes
Cardiff Lexington Corp reported that prior financial statements should not be relied upon.
“On August 12, 2025, the Audit Committee of the Board of Directors (the “Audit Committee”) of Cardiff Lexington Corporation (the “Company”), after consultation with management, GBQ Partners, LLC (“GBQ”), the Company’s independent registered public accounting firm, and the Company’s former independent registered public accounting firm, concluded that the Company’s previously issued financial statements listed below (collectively, the “Affected Reports”) should no longer be relied upon because of errors related solely to the classification of non-cash interest expense in the consolidated statements of cash flows.”
Governance Changes
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).
“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”
Auditor Changes
Cardiff Lexington Corp reported that prior financial statements should not be relied upon.
“On October 16, 2024, the Board of Directors of Cardiff Lexington Corporation (the “Company”), upon recommendation of the Audit Committee and following discussions with management, determined that the following previously issued financial statements should no longer be relied upon”
Zia Choe was terminated as Chief Accounting Officer at Cardiff Lexington Corp.
“On June 5, 2024, Cardiff Lexington Corporation (the “Company”) terminated Zia Choe from her position as Chief Accounting Officer of the Company in connection with a restructuring of the Company’s accounting department.”
Material Agreements
Cardiff Lexington Corp entered into Security and Pledge Agreement with Leonite Capital LLC valued at Security interest in all assets and those of subsidiaries (effective 2024-05-13).
“In connection with securities exchange agreement, the Company also entered into a security and pledge agreement (the “ Security Agreement ”) with Leonite, pursuant to which the Company granted grant a security interest in all of its assets and those of its subsidiaries.”
Material Agreements
Cardiff Lexington Corp entered into Securities Exchange Agreement with Leonite Capital LLC valued at Exchange of $3,755,632 note for 938,908 shares of Series Y Senior Convertible Preferred Stock (effective 2024-05-13).
“On May 13, 2024, the Company entered into a securities exchange agreement (the “ Exchange Agreement ”) with Leonite, pursuant to which Leonite exchanged the Note, with a balance of $3,755,632 as of such date, for 938,908 shares of the Company’s newly designated series Y senior convertible preferred stock (the “ Shares ”).”
Matthew T. Shafer was appointed as Chief Financial Officer at Cardiff Lexington Corp.
“On the same date, the Board of Directors appointed Matthew T. Shafer as Chief Financial Officer.”
Zia Choe was appointed as Chief Accounting Officer at Cardiff Lexington Corp.
“On January 2, 2024, Ms. Choe resigned as Interim Chief Financial Officer and the Board of Directors of the Company appointed Ms. Choe as Chief Accounting Officer of the Company.”
Zia Choe was appointed as Interim Chief Financial Officer at Cardiff Lexington Corp.
“On March 1, 2023, the Board of Directors of the Company appointed Zia Choe to serve as Interim Chief Financial Officer of the Company.”
Steven Healy resigned as Chief Financial Officer at Cardiff Lexington Corp.
“On March 1, 2023, Steven Healy resigned from his position as Chief Financial Officer of Cardiff Lexington Corporation (the “Company”). Mr. Healy’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.”
Debt Financings
Cardiff Lexington Corp incurred debt of initial advance of not less than $500,000 and a maximum advance amount of $4,500,000 with DML HC Series, LLC Series 308 maturing two years from the date of the Agreement.
“On September 29, 2023 Cardiff Lexington Corporation (the “Company”) entered into a Revolving Purchase and Security Agreement (the “Agreement”) with Nova Ortho and Spine, PLLC, a Florida professional limited liability company and the Company’s wholly-owned subsidiary (“Nova”; the Company and Nova are referred to individually as “Seller” and collectively as, “Sellers”), and DML HC Series, LLC Series 308, a Texas limited liability company (the “Purchaser”) for a facility under which Purchaser will, from time to time, buy approved pools of accounts receivables from the Seller with an initial advance of not less than $500,000 and a maximum advance amount of $4,500,000.”
Material Agreements
Cardiff Lexington Corp entered into Guaranty and Security Agreement (effective 2023-09-29).
“the Company, Nova, Platinum Tax Defenders, a Nevada limited liability company and the Company’s wholly-owned subsidiary and Edge View Properties, Inc., a Idaho corporation and the Company’s wholly-owned subsidiary executed a Guaranty and Security Agreement dated September 29, 2023 (the “Guaranty Agreement”) to guaranty the payment and performance obligations of the Seller under the Agreement.”
Material Agreements
Cardiff Lexington Corp entered into Revolving Purchase and Security Agreement with DML HC Series, LLC Series 308 valued at initial advance of not less than $500,000 and a maximum advance amount of $4,500,000 (effective 2023-09-29).
“On September 29, 2023 Cardiff Lexington Corporation (the “Company”) entered into a Revolving Purchase and Security Agreement (the “Agreement”) with Nova Ortho and Spine, PLLC, a Florida professional limited liability company and the Company’s wholly-owned subsidiary (“Nova”; the Company and Nova are referred to individually as “Seller” and collectively as, “Sellers”), and DML HC Series, LLC Series 308, a Texas limited liability company (the “Purchaser”) for a facility under which Purchaser will, from time to time, buy approved pools of accounts receivables from the Seller with an initial advance of not less than $500,000 and a maximum advance amount of $4,500,000.”
Shareholder Votes
Cardiff Lexington Corp shareholders approved Amendment and restatement of Amended and Restated Articles of Incorporation to remove terms of each series of preferred stock and other provisions at the 2023-04-10 meeting.
“stockholders of Cardiff Lexington Corporation (the “Company”) holding approximately 80% of the voting power of the Company’s outstanding stock consented in writing to approve an amendment and restatement of the Company’s Amended and Restated Articles of Incorporation to remove the terms of each series of preferred stock, which will instead be included in separate certificates of designation, and to remove certain other provisions that are covered under Nevada law or in the Company’s Bylaws and are not necessary to include in the articles of incorporation (the “Charter Amendment”).”
Shareholder Votes
Cardiff Lexington Corp shareholders approved Amendment to Amended and Restated Articles of Incorporation to implement a 1-for-75,000 reverse split of common stock at the 2023-02-28 meeting.
“On February 28, 2023, stockholders of Cardiff Lexington Corporation (the “Company”) holding approximately 81% of the voting power of the Company’s outstanding stock consented in writing to approve an amendment to the Company’s Amended and Restated Articles of Incorporation to implement a 1-for-75,000 reverse split of the Company’s outstanding common stock (the “Charter Amendment”).”
“On November 23, 2022, the Board of Directors (the "Board") of Cardiff Lexington Corporation (the "Company") voted to amend and restate the Bylaws of the Company, effective immediately. The primary and substantive changes were as follows: · The articles have been amended to remove twelve (12) classes of preferred stock.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.