Business
Cardiff Lexington Announces 1-for-3 Reverse Stock Split
LEXINGTON, KY / ACCESS Newswire / January 12, 2026 /Cardiff Lexington Corporation (OTCQB:CDIX) ("Cardiff" or the "Company"), a healthcare holding company with deep leadership and operational expertise in Orthopedics, Spine Care, and Pain Management, ...
About this update from Cardiff Lexington Corporation
[{"type":"text","content":"LEXINGTON, KY / ACCESS Newswire / January 12, 2026 / Cardiff Lexington Corporation (OTCQB:CDIX) ("Cardiff" or the "Company"), a healthcare holding company with deep leadership and operational expertise in Orthopedics, Spine Care, and Pain Management, today announced a 1-for-3 reverse stock split of its issued and outstanding common stock, par value $0.001 per share (the "Reverse Stock Split"), which became effective as of 12:01 a.m. Eastern Time on January 12, 2026. Each 3 shares of the issued and outstanding Common Stock shall be reclassified and combined into 1 share of Common Stock (the "Reverse Split"). No fractional shares shall be issued in connection with the Reverse Split. Any fractional share that would otherwise be issued shall be rounded up to the next whole share. The Company's common stock continues to trade on The OTCQB Venture Market under the symbol "CDIX" and is expected to begin trading on a split-adjusted basis on the OTCQB Venture Market at the commencement of trading today. Following the Reverse Stock Split, the Company's ticker symbol will be CDIXD for 20 trading days including the effective date.","length":1194,"tagName":"p"},{"type":"text","content":"The primary purpose of the Reverse Stock Split is to support compliance with the minimum bid price requirement for the listing of the Company's common stock on the Nasdaq Capital Market and was approved by the Company's Board of Directors and stockholders and implemented pursuant to the authority granted under Nevada Revised Statutes and the Company's Articles of Incorporation.","length":392,"tagName":"p"},{"type":"text","content":"Alex Cunningham, President and CEO of Cardiff Lexington, commented, "This reverse stock split supports our planned uplisting to the Nasdaq Capital Market as we continue to strengthen our capital markets profile and enhance our visibility among institutional investors."","length":279,"tagName":"p"},{"type":"text","content":"Upon effectiveness of the Reverse Stock Split:","length":46,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Each three (3) shares of issued and outstanding common stock were automatically combined into one (1) share of common stock.","length":124,"tagName":"p"}]},{"val":[{"type":"text","content":"The par value...