Dalrada Technology Group, Inc. (DFCO) Form 8-K — Oct 7, 2026
Dalrada Technology Group (OTC: DHTI) entered a Settlement Agreement with IBS Equity Fund III and IBS Private Credit Fund IV on October 2, 2026, resolving disputed default notices that had demanded approximately $1,162,246. Under the settlement, Dalrada paid a single lump sum of $20,000 — the sole consideration owed — in exchange for full termination of all Project RX financing documents, cancellation of the secured promissory note and pre-funded warrant, release of all liens and pledges, and withdrawal of all asserted defaults, accelerations, and the audit demand.
Key figures
- Settlement Amount
- $20,000
- Invoice amount
- $19,200
- Demanded amount
- $1,162,246
- Guarantee amount
- $3,500,000
AI analysis
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