Cardiff Lexington Files for Public Offering

Dow Jones

2025/12/16

By Kelly Cloonan

Cardiff Lexington has filed for a public offering.

The company said it intends to apply to have its units listed on the Nasdaq under the ticker CDIX, according to a filing with the Securities and Exchange Commission on Monday.

The company did not disclose the number of shares or price it intends to offer. Its common stock is currently quoted on the OTCQB Venture Market.

The company has also granted underwriters a 45-day option to purchase up to an additional 15% of the total number of shares included in the offering to cover over-allotments. R.F. Lafferty is listed as the offering's underwriter.

The company recorded a net loss of $1.1 million for the three months ended Sept. 30, compared with a net loss of $2 million in the year-ago period. Over the same period, revenue rose to $3.1 million from $1.4 million.

Cardiff Lexington is a healthcare holding company that acquires and builds middle-market health care clinics primarily in orthopedics, spine care and pain management.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

December 15, 2025 17:04 ET (22:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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