Highest-materiality recent filing
Cardiff Lexington enters up to $75M equity purchase agreement with Leonite Fund I
Commits to sell up to $25M in common stock; Company may increase to $75M at its sole discretion.
Cardiff Lexington amends Series N preferred stock to remove redemption provisions
Filed Certificate of Amendment on Jan 29, 2026.
Audit Committee concluded that financials from Q1 2024 to Q1 2025 should no longer be relied upon.
Cardiff Lexington restates Q1 and Q2 2024 financials due to credit loss classification errors
Board determined Q1 & Q2 2024 financial statements and prior-year comparatives should no longer be relied upon.
Cardiff Lexington settles prior convertible notes; issues $535K settlement note tied to offering
Settlement with GHS Investments terminates 2019-2020 Transaction Agreements including convertible preferred stock and notes.
Cardiff Lexington exchanges $3.76M note for 938,908 Series Y preferred shares; grants asset security
Exchanged $3,755,632 consolidated convertible note with Leonite Capital for 938,908 shares of newly designated Series Y senior convertible preferred stock.
Cardiff Lexington appoints Matthew Shafer CFO, Zia Choe CAO
Steven Healy resigned as CFO on March 1, 2023; not due to any disagreement.
Stockholders approve 1-for-75,000 reverse stock split for Cardiff Lexington
Stockholders holding ~81% of voting power consented in writing to approve the reverse split.
Cardiff Lexington dismisses auditor RRBB over prior restatement delays; appoints Grassi & Co.
Dismissed Rosenberg Rich Baker Berman PA, effective March 16, 2022, after RRBB cited capacity issues completing reviews.
Cardiff Lexington non-reliance on 2020 annual and Q1 2021 financials; will restate
Restated periods: year ended Dec 31, 2020, and quarter ended March 31, 2021.
Cardiff Lexington sells Key Tax subsidiary to management for $2.6M via stock swap
Sale of JM Enterprises1 (dba Key Tax) to managers Kelly Gibson and Ron Clere via exchange of Preferred "G" shares valued at $2,601,952.
Cardiff Lexington issues pro forma financials showing 2020 revenue up 43%, EBITDA loss narrowed 69%
Combined 2020 revenue $7,597,814 (+43% vs 2019); EBITDA loss -$1,684,212 (improved 69% from -$5,438,867).
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.
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.
On the same date, the Board of Directors appointed Matthew T. Shafer as Chief Financial Officer.
On March 1, 2023, the Board of Directors of the Company appointed Zia Choe to serve as Interim Chief Financial Officer of the Company.
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.
Max materiality 0.90 · Median 0.60 · Most common event other_material