Financing ·
Cardiff Lexington Corporation filed a Certificate of Designation on August 31, 2026, establishing Series A-1 preferred…
CDIXCardiff Lexington Corp
Cardiff Lexington Corporation filed a Certificate of Designation on August 31, 2026, establishing Series A-1 preferred stock. The company designated two shares with a $250 stated value and liquidation preference. These shares rank senior to common stock but junior to several other existing series. Dividend rights are non-participatory with no economic interest in the company. Voting power equals 25% of all other equity votes plus one share, voting together with common stock. Transfers trigger automatic conversion into one common share, except for affiliate transfers. The company operates as a blank check company or special purpose acquisition vehicle.