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 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's auditor MGO resigns; FY2023 audit had going concern opinion
MGO resigned as independent auditor on February 14, 2024.
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 Corp loses seven directors in six days; all resignations amicable
Brian C. McGoff resigned as director on May 4, 2023; remains an officer.
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.
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