Dalrada Corporation (OTCMKTS:DFCO) Stock In Focus After Latest News

United States company Dalrada Corporation (OTCMKTS:DFCO) currently has global operations related to the development and delivery of transformative innovations in the high precision manufacturing, clean energy services, reimagined healthcare and advanced technology.

Trading Data

On Thursday, DFCO stock ended flat at $0.0879 with 14.29K shares, compared to volume of 132.65K shares. The stock moved within a range of $0.0821 – 0.0879 after opening trade at $0.0879.

Dalrada Corporation Streamlines Board of Directors to Reflect US and Global Expansion

The company announced yesterday that it was going to streamline its board of directors in order to reflect its expansion in both the United States and across the world. At this point, the company operates a worldwide cluster of subsidiaries and affiliates in Scotland, United States and India. All those operations are managed centrally from the company’s headquarters located in Escondido in California.

The Chairman and Chief Executive Officer of the company Brian Bonar spoke about the latest move as well. He noted that over the years the company had a pretty large board of directors which consisted of members who had done their part in making Dalrada a global leader in the industries in which it is involved.

He noted that after having had discussions with regards to the company’s strategies for 2024 it had been decided that the time had come to restructure the board of directors. The new structure would feature a number of independent directors and would also work on the possibility of an uplisting in the future.