Source-grounded facts extracted from Dalrada Technology Group, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Dalrada Technology Group, Inc. reported a default on credit facility of $500,000 with Nautilus Parent Holdings, LLC and Nautilus Funding Solutions, LLC – Series XIII.
“the “Loan Documents”). The Lender attributes the defaults to the borrowers’ failure to make required payments under the Loan Documents. The Lender demands a cure payment of $500,000 no later than May 1, 2026. The notice states that, if the cure payment is not made, the Lender will accelerate the respective balances of the Loans and immediately commence”
Debt Financings
Dalrada Technology Group, Inc. incurred revolving credit of $5,000,000 with IBS Private Credit Fund IV, LLC.
“(ii) the related ARL Agreement dated the same day, under which IBS Private Credit Fund IV, LLC (or its affiliate) may extend revolving credit through the purchase of accounts receivable up to $5,000,000”
Material Agreements
Dalrada Technology Group, Inc. entered into Credit, Security, and Account Purchase Agreement with IBS Equity Fund III, LLC (or its affiliate, IBS Private Credit Fund IV, LLC) valued at $5,000,000 (effective 2025-12-31).
“The SBLC Agreement supports a related Credit, Security, and Account Purchase Agreement (the "ARL Agreement") dated the same day, under which the Secured Party (or its affiliate, IBS Private Credit Fund IV, LLC) may extend revolving credit through the purchase of accounts receivable on behalf of Genefic for the benefit of third-party beneficiaries in connection with Genefic's business operations, up to $5,000,000.”
Material Agreements
Dalrada Technology Group, Inc. entered into Master Performance Standby Letter of Credit and Guaranty Agreement with IBS Equity Fund III, LLC, a division of IBS Investment Bank valued at $20,000,000 (effective 2025-12-31).
“On January 21, 2026, Genefic Inc. ("Genefic"), a wholly-owned subsidiary of Dalrada Technology Group, Inc. (the "Company"), entered into a Master Performance Standby Letter of Credit and Guaranty Agreement dated December 31, 2025 (the "SBLC Agreement") with IBS Equity Fund III, LLC, a division of IBS Investment Bank (the "Secured Party").”
Debt Financings
Dalrada Technology Group, Inc. incurred guarantee of $20,000,000 with IBS Equity Fund III, LLC at default rate maturing December 31, 2030.
“for the issuance of various guarantees, including standby letters of credit, equity commitment letters, and other financial instruments, up to an aggregate commitment amount of $20,000,000. The SBLC Agreement supports a related Credit, Security, and Account Purchase Agreement (the "ARL Agreement") dated the same day, under which the Secured Party (or its”
Material Agreements
Dalrada Technology Group, Inc. entered into Credit, Security, and Account Purchase Agreement with IBS Equity Fund III, LLC valued at $5,000,000 (effective 2025-12-31).
“The SBLC Agreement supports a related Credit, Security, and Account Purchase Agreement (the "ARL Agreement") dated the same day, under which the Secured Party (or its affiliate, IBS Private Credit Fund IV, LLC) may extend revolving credit through the purchase of accounts receivable on behalf of Genefic for the benefit of third-party beneficiaries in connection with Genefic's business operations, up to $5,000,000.”
Material Agreements
Dalrada Technology Group, Inc. entered into Master Performance Standby Letter of Credit and Guaranty Agreement with IBS Equity Fund III, LLC valued at $20,000,000 (effective 2025-12-31).
“On January 21, 2026, Genefic Inc. ("Genefic"), a wholly-owned subsidiary of Dalrada Technology Group, Inc. (the "Company"), entered into a Master Performance Standby Letter of Credit and Guaranty Agreement dated December 31, 2025 (the "SBLC Agreement") with IBS Equity Fund III, LLC, a division of IBS Investment Bank (the "Secured Party"). The SBLC Agreement provides for the issuance of various guarantees, including standby letters of credit, equity commitment letters, and other financial instruments, up to an aggregate commitment amount of $20,000,000.”
Auditor Changes
Dalrada Technology Group, Inc. reported that prior financial statements should not be relied upon.
“Management recommended that the Form 10-Q for the period ended March 31, 2024 should no longer be relied upon due to a revenue overstatement error in the amount of $2,318,329.”
Roger Campos was appointed as Director at Dalrada Technology Group, Inc..
“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.”
Auditor Changes
Dalrada Technology Group, Inc. engaged CM3 Advisory as its auditor.
“On October 18, 2024, the Company engaged CM3 Advisory ("CM3") as its independent registered public accounting firm.”
Heather K. McMahon resigned as Director at Dalrada Technology Group, Inc..
“Ms. Heather K. McMahon resigned as a director of Dalrada Financial Corporation (the “Company”) on October 14, 2024.”
Vince Monteparte resigned as Director at Dalrada Technology Group, Inc..
“Mr. Vince Monteparte resigned as a director of Dalrada Financial Corporation (the “Company”) on October 11, 2024.”
Auditor Changes
Assurance Dimensions resigned as auditor of Dalrada Technology Group, Inc..
“On October 11, 2024, Assurance Dimensions ("AD") resigned as Dalrada Financial Corporation's (the "Company") independent registered public accounting firm.”
Auditor Changes
Dalrada Technology Group, Inc. engaged Assurance Dimensions as its auditor.
“On March 18, 2024, the Company engaged Assurance Dimensions (“AD”) as its independent registered public accounting firm.”
Governance Changes
Dalrada Technology Group, Inc.: Reduction in authorized common shares from 1,000,000,000 to 500,000,000 (effective 2024-03-12).
“On January 6, 2024, the Board of Directors of Dalrada Financial Corporation, a Wyoming corporation (the “Company”) approved a reduction in the number of authorized common shares from 1,000,000,000 (one billion) to 500,000,000 (five hundred million). On March 12, 2024, the Company filed a Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company”
Auditor Changes
Macias Gini & O’Connell, LLP resigned as auditor of Dalrada Technology Group, Inc..
“On February 14, 2024, Macias Gini & O’Connell, LLP (“MGO”) resigned as Dalrada Financial Corporation’s (the “Company”) independent registered public accounting firm.”
Heather McMahon was appointed as Director at Dalrada Technology Group, Inc..
“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.”
Anuradha Biswas resigned as director at Dalrada Technology Group, Inc..
“Ms. Anuradha Biswas resigned as a director of Dalrada Financial Corporation (the “Company”) on July 27, 2023.”
Harvey Hershkowitz resigned as director at Dalrada Technology Group, Inc..
“Mr. Harvey Hershkowitz resigned as a director of Dalrada Financial Corporation (the “Company”) on May 9, 2023.”
Tom Giles resigned as director at Dalrada Technology Group, Inc..
“Mr. Tom Giles resigned as a director of Dalrada Financial Corporation (the “Company”) on May 9, 2023.”
Fletcher A. Robbe resigned as director at Dalrada Technology Group, Inc..
“Mr. Fletcher A. Robbe resigned as a director of Dalrada Financial Corporation (the “Company”) on May 5, 2023.”
Bijan Kian resigned as director at Dalrada Technology Group, Inc..
“Mr. Bijan Kian resigned as a director of Dalrada Financial Corporation (the “Company”) on May 4, 2023.”
David J. Bacon resigned as director at Dalrada Technology Group, Inc..
“Mr. David J. Bacon resigned as a director of Dalrada Financial Corporation (the “Company”) on May 8, 2023.”
Kyle McCollum resigned as director at Dalrada Technology Group, Inc..
“Mr. Kyle McCollum resigned as a director of Dalrada Financial Corporation (the “Company”) on May 4, 2023.”
Brian C. McGoff resigned as director at Dalrada Technology Group, Inc..
“Mr. Brian C. McGoff resigned as a director of Dalrada Financial Corporation (the “Company”) on May 4, 2023.”
Jose Arrieta resigned as director and officer at Dalrada Technology Group, Inc..
“Mr. Jose Arrieta resigned as a director and officer of Dalrada Financial Corporation (the “Company”) on April 21, 2023.”
Auditor Changes
Dalrada Technology Group, Inc. engaged Macias Gini & O’Connell LLP as its auditor.
“On December 19, 2022, the Company engaged Macias Gini & O’Connell LLP (“MGO”) as its independent registered public accounting firm.”
Auditor Changes
dbbmckennon resigned as auditor of Dalrada Technology Group, Inc..
“On December 19, 2022, dbbmckennon (“dbbm”) resigned as Dalrada Financial Corporation’s independent registered public accounting firm.”
Phil Marriott resigned as director at Dalrada Technology Group, Inc..
“Mr. Phil Marriott resigned as a director of Dalrada Financial Corporation (the “Company”) on July 27, 2022.”
Nicholas Gordon resigned as director at Dalrada Technology Group, Inc..
“Mr. Nicholas Gordon resigned as a director of Dalrada Financial Corporation (the “Company”) on July 27, 2022.”
Brian McGoff was appointed as President and Chief Operation Officer at Dalrada Technology Group, Inc..
“On June 20, 2022, Brian McGoff was nominated as a member of the Dalrada Financial Corporation’s (the “Company”) Board of Directors as well as President and Chief Operation Officer of the Company with the Board approval on July 14, 2022.”
Brian McGoff was appointed as Director at Dalrada Technology Group, Inc..
“On June 20, 2022, Brian McGoff was nominated as a member of the Dalrada Financial Corporation’s (the “Company”) Board of Directors as well as President and Chief Operation Officer of the Company with the Board approval on July 14, 2022.”
Anuradha Biswas was appointed as Member of the Board of Directors at Dalrada Technology Group, Inc..
“On May 2, 2022, Anuradha Biswas was nominated as a member of the Company’s Board of Directors with the Board approval on June 1, 2022.”
Fawad Nisar resigned as director at Dalrada Technology Group, Inc..
“Mr. Fawad Nisar resigned as an officer and director with the Company with letters dated May 25, 2022.”
Fawad Nisar resigned as officer at Dalrada Technology Group, Inc..
“Mr. Fawad Nisar resigned as an officer and director with the Company with letters dated May 25, 2022.”
Phil Marriott was appointed as Director at Dalrada Technology Group, Inc..
“On April 14, 2022, Nick Gordon and Phil Marriott were nominated as members of the Company’s Board of Directors with the Board approval received on April 26, 2024.”
Nick Gordon was appointed as Director at Dalrada Technology Group, Inc..
“On April 14, 2022, Nick Gordon and Phil Marriott were nominated as members of the Company’s Board of Directors with the Board approval received on April 26, 2024.”
Vincent Monteparte was appointed as Director at Dalrada Technology Group, Inc..
“on December 1, 2021 Vincent Monteparte, was nominated as members of the Company’s Board of Directors”
Amy Scannell was appointed as Director at Dalrada Technology Group, Inc..
“On November 30, 2021 Amy Scannell was nominated”
Kyle McCollum was appointed as Director at Dalrada Technology Group, Inc..
“On April 19, 2021 The Honorable Bijan R. Kian, Jose Arrieta, and Kyle McCollum were nominated as a members of the Company’s Board of Directors with the Board approval on July 26, 2021”
Jose Arrieta was appointed as Director at Dalrada Technology Group, Inc..
“On April 19, 2021 The Honorable Bijan R. Kian, Jose Arrieta, and Kyle McCollum were nominated as a members of the Company’s Board of Directors with the Board approval on July 26, 2021”
Bijan R. Kian was appointed as Director at Dalrada Technology Group, Inc..
“On April 19, 2021 The Honorable Bijan R. Kian, Jose Arrieta, and Kyle McCollum were nominated as a members of the Company’s Board of Directors with the Board approval on July 26, 2021”
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.