|8-KFeb 3, 3:59 PM ET

Cardiff Lexington Corp 8-K

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Cardiff Lexington Corp Amends Series N Preferred Stock Rights

What Happened On January 29, 2026, Cardiff Lexington Corporation (CDIX) filed a Certificate of Amendment to its Certificate of Designation for the Series N Senior Convertible Preferred Stock to remove the redemption provisions. The amendment, which was approved by the requisite holders of the Series N shares, eliminates both the Company's prior optional redemption right and the previously available mandatory redemption at a holder's option. The company disclosed the change in an 8-K filed February 3, 2026.

Key Details

  • Amendment filed with the Nevada Secretary of State on January 29, 2026.
  • Applies to the Company's Series N Senior Convertible Preferred Stock.
  • Removes redemption provisions that previously allowed: (a) optional redemption by the Company, and (b) mandatory redemption at the option of the holder in certain circumstances.
  • The Amendment was approved by the requisite holders; full text of the Amendment is filed as an exhibit to the 8-K.

Why It Matters This filing reports a material change to the rights attached to a class of the Company's preferred stock. Removing redemption rights alters the remedies and liquidity options previously available to Series N holders and can affect how investors value those shares relative to other securities. Investors should review the filed Certificate of Amendment for full terms and consider how the change interacts with any conversion, dividend, or liquidation preferences tied to the Series N shares.