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13. Subsequent Events
6 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events

13.

Subsequent Events

 

In January 2021, Dalrada Health amended its Articles of Incorporation to authorize 100,000,000 shares of common stock.

 

On January 22, 2021, the Company issued 361,420 shares of common stock to Yam Jong Leong to acquire 3% of CHP Industrial Solutions SDN BHD, located in Pulau Pinang, Malaysia.  CHP Industrial Solutions is a manufacturing company whose business are -Parts Fabrication / Parts Machining /Sub-Module Assembly.

 

Effective January 29, 2021, the Company acquired 100% of the interests of International Health Group Inc., a California corporation, for 1,000,000 shares of common stock, to be issued quarterly in equal increments over the course of 24 months. Dalrada has approved funding operating capital up to $500,000 for 12 months following the acquisition.

 

On or about February 4, 2021, Dalrada Heath has finalized the Company's acquisition of U.S.-based Pacific Stem Cells, LLC.

 

Management has evaluated all other subsequent events through February 10, 2021, the date the financial statements were available to be issued. Based on this evaluation, no additional material events were identified which require adjustment or disclosure in these financial statements.