Cardiff Lexington Announces 1-for-3 Reverse Stock Split
Rhea-AI Summary
Cardiff Lexington (OTCQB:CDIX) announced a 1-for-3 reverse stock split effective 12:01 a.m. ET on January 12, 2026. Every three pre-split shares were combined into one post-split share; fractional shares were not issued and were rounded up to the nearest whole share. The par value remained $0.001 and unchanged. The company’s common stock will trade on a split-adjusted basis on the OTCQB today, and the ticker will temporarily change to CDIXD for 20 trading days including the effective date. The stated purpose is to support compliance with Nasdaq Capital Market minimum bid price requirements. Post-split CUSIP is 14146R700.
Positive
- 1-for-3 reverse split effective Jan 12, 2026
- Action intended to support Nasdaq minimum bid compliance
- Temporary ticker change to CDIXD for 20 trading days
- Fractional shares rounded up to whole shares
Negative
- Minor rounding changes may alter individual shareholders' share counts
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
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.
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."
Upon effectiveness of the Reverse Stock Split:
Each three (3) shares of issued and outstanding common stock were automatically combined into one (1) share of common stock.
The par value of the common stock was unchanged.
No fractional shares were issued; any fractional share resulting from the Reverse Stock Split was rounded up to the nearest whole share, consistent with Nevada law and the Company's governing documents.
The Reverse Stock Split did not change any stockholder's proportional ownership interest, except for minor differences resulting from the rounding of fractional shares. The Company's post-Reverse Stock Split common stock CUSIP number will be 14146R700.
About Cardiff Lexington Corporation
Cardiff Lexington Corporation (OTCQB: CDIX) is a healthcare holding company focused on acquiring, operating, and optimizing high-margin medical practices in Orthopedics, Spine Care, and Pain Management. The Company leverages deep sector experience, disciplined capital deployment, and lean operating structures to build a profitable, scalable, and resilient growth platform in one of the strongest segments of U.S. healthcare.
Forward-Looking Statements
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the intended effect of the Reverse Stock Split and the Company's ability to maintain compliance with OTCQB and Nasdaq Capital Market listing requirements. These statements are based on current expectations, estimates, and projections and involve risks and uncertainties, including market conditions and investor response, which could cause actual results to differ materially. Cardiff Lexington Corporation undertakes no obligation to update or revise forward-looking statements except as required by law.
Investor Contact
Cardiff Lexington Investor Relations
investorrelations@cardifflexington.com
(800) 375-2349
Or
IMS Investor Relations
cardifflexington@imsinvestorrelations.com
(203) 972-9200
SOURCE: Cardiff Lexington Corporation
View the original press release on ACCESS Newswire