Cardiff Lexington Corporation (OTCPK:CDIX) acquired Nova Ortho and Spine, LLC for $9.3 million on June 4, 2021. Under the terms, Cardiff paid $2.5 million in cash, 0.9 million J Preferred Stock and a performance based contingent supplement payment of 0.8 million shares. Leonite Capital and an affiliated institutional investor provided a capital investment into Cardiff Lexington Series N Preferred Stock of $3.5 million which facilitated Cardiff Lexington's cash payment portion of the acquisition to the Sellers. No operational changes are planned, and current ownership will remain in place under a ten (10) year Management Agreement. The subsidiary will serve as an acquisition platform to integrate complementary healthcare service providers in neighboring markets and ancillary service providers (chiropractic, physical therapy, imaging, etc.) as we meet rapidly expanding opportunities. Cardiff Lexington Corporation (OTCPK:CDIX) acquired Nova Ortho and Spine, LLC for $9.3 million.