Highest-materiality recent filing
Dalrada Technology Group receives default notice; $500K cure payment due May 1
Notice declares defaults under Term Loan Agreement (July 2023), four Loan/Security Agreements (Feb-Apr 2024), and Factoring Loan (Feb 2025) due to missed payments.
Corrected total commitment from $20M to $25M: $20M SBLC agreement + $5M ARL receivables facility.
Dalrada subsidiary Genefic enters $20M guarantee & $5M credit facility; CEO personally guarantees
Genefic Inc. entered SBLC Agreement with IBS Equity Fund III for up to $20M in guarantees and related ARL Agreement for up to $5M revolving credit.
Dalrada CEO shareholder letter details operational progress in heat pumps, AWGs, semiconductor tools
UK facility gains traction with 9kW/11kW heat pumps; initial orders placed via local installers.
Dalrada CFO Kyle McCollum resigns effective immediately; successor search begins
CFO Kyle McCollum resigned effective October 31, 2025, with no successor appointed yet.
Effective January 15, 2025, Dalrada's OTC Markets status changed to the 'Expert Market' due to a filing deficiency.
Dalrada Financial says March 31, 2024 10-Q non-reliant due to $2.3M revenue overstatement
Revenue overstatement of $2,318,329 identified in March 31, 2024 Form 10-Q.
Dalrada Financial appoints Roger Campos to Board of Directors
Roger Campos nominated and approved as board member on October 23, 2024.
Dalrada Financial engages CM3 Advisory as new independent auditor
Engaged CM3 Advisory as independent registered public accounting firm on October 18, 2024.
Two directors resign from Dalrada Financial Corporation board
Vince Monteparte resigned as director on Oct 11, 2024; no disagreement with company operations.
Auditor Assurance Dimensions resigns as Dalrada Financial's independent accountant
On October 11, 2024, Assurance Dimensions (AD) resigned as Dalrada Financial's independent registered public accounting firm.
Dalrada Financial engages Assurance Dimensions as new auditor effective March 18, 2024
Engaged Assurance Dimensions as independent registered public accounting firm on March 18, 2024.
Dalrada reduces authorized common shares from 1B to 500M
Board approved reduction on January 6, 2024; Certificate of Amendment filed March 12, 2024.
Dalrada's auditor MGO resigns; FY2023 audit had going concern opinion
MGO resigned as independent auditor on February 14, 2024.
FY 2023 revenue up 54.3% year-over-year, driven primarily by the Genefic segment.
Dalrada Financial closes investigation; third-party found no issue in transaction process
Follow-up to Jan 16, 2024 8-K: employee flagged possible process issue in a transaction.
Dalrada discloses ongoing internal investigation into processes; no wrongdoing found to date
Employee notified company of potential issue with internal processes and procedures.
Dalrada appoints Heather McMahon to Board of Directors effective September 18, 2023
Heather McMahon nominated Sept. 6, 2023; Board approved Sept. 18, 2023.
Dalrada subsidiaries sign distribution deals for up to 6,800 heat pumps over 7 years
Crown Glory Holding (Morocco) commits to minimum 4,500 CO2 heat pumps over 7 years, exclusive in Africa.
Dalrada Financial director Anuradha Biswas resigns; no disagreement cited
Anuradha Biswas resigned from the board of Dalrada Financial Corporation effective July 27, 2023.
Dalrada Financial Corp loses seven directors in six days; all resignations amicable
Brian C. McGoff resigned as director on May 4, 2023; remains an officer.
Director and Officer Jose Arrieta resigns from Dalrada Financial on April 21, 2023
Jose Arrieta resigned as director and officer effective April 21, 2023.
Dalrada Financial's auditor dbbmckennon resigns; Macias Gini & O'Connell hired as new auditor
dbbmckennon resigned as independent auditor on Dec 19, 2022; no disagreements reported.
Two directors resign from Dalrada board, remain as consultants
Nicholas Gordon resigned as director on July 27, 2022.
Brian McGoff appointed President and COO of Dalrada Financial Corporation
Brian McGoff nominated as director and appointed President and COO, effective July 14, 2022.
Dalrada Financial appoints Anuradha Biswas to Board of Directors
Appointed on June 1, 2022, following nomination on May 2, 2022.
Dalrada Financial officer and director Fawad Nisar resigns
Fawad Nisar resigned as officer effective May 28, 2022 and as director effective June 2, 2022.
Dalrada Financial nominates Nick Gordon and Phil Marriott to Board
Nick Gordon, currently SVP at Millennium Commercial Properties and co-founder of multiple companies, nominated as director.
Dalrada Financial enters $3M convertible note agreement with YA II PN
Issued $2M initial convertible debenture to YA II PN, with $1M second tranche upon SEC registration.
Dalrada Financial appoints Amy Scannell and Vincent Monteparte to board in Nov/Dec 2021
Amy Scannell nominated Nov 30, 2021; she is General Counsel of Tipp Investments, LLC.
Dalrada Financial appoints three new directors, including former HHS CIO and Ex-Im Bank member
The Honorable Bijan R. Kian, former Ex-Im Bank member and White House Business Council member, appointed to board.
On October 23, 2024, Roger Campos, was nominated as a member of the Company’s Board of Directors with the Board approval received on October 23, 2024.
Mr. Vince Monteparte resigned as a director of Dalrada Financial Corporation (the “Company”) on October 11, 2024.
Ms. Heather K. McMahon resigned as a director of Dalrada Financial Corporation (the “Company”) on October 14, 2024.
On September 6, 2023, Heather McMahon was nominated as a member of the Company’s Board of Directors with the Board approval on September 18, 2023.
Ms. Anuradha Biswas resigned as a director of Dalrada Financial Corporation (the “Company”) on July 27, 2023.
Mr. Harvey Hershkowitz resigned as a director of Dalrada Financial Corporation (the “Company”) on May 9, 2023.
Mr. Tom Giles resigned as a director of Dalrada Financial Corporation (the “Company”) on May 9, 2023.
Mr. Brian C. McGoff resigned as a director of Dalrada Financial Corporation (the “Company”) on May 4, 2023.
Mr. Fletcher A. Robbe resigned as a director of Dalrada Financial Corporation (the “Company”) on May 5, 2023.
Mr. Bijan Kian resigned as a director of Dalrada Financial Corporation (the “Company”) on May 4, 2023.
Mr. Kyle McCollum resigned as a director of Dalrada Financial Corporation (the “Company”) on May 4, 2023.
Mr. David J. Bacon resigned as a director of Dalrada Financial Corporation (the “Company”) on May 8, 2023.
Max materiality 0.80 · Median 0.50 · Most common event leadership