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.”
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 ”).”
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.