SAN DIEGO, CA – DECEMBER 22, 2022 – Dalrada Corporation (OTCQB: DFCO, “Dalrada,” the “Company”), a problem-solving innovator that takes on complex, multi-disciplinary challenges in health care, clean energy, precision manufacturing, and technology, announced today that it has named MGO (Macias Gini and O’Connell LLP), as its new independent auditor beginning the quarter ending December 31, 2022.
”Selecting MGO represents a major step in Dalrada’s transformation as a company.Kyle McCollumChief Financial Officer of Dalrada
“Selecting MGO represents a major step in Dalrada’s transformation as a company,” said Kyle McCollum, Chief Financial Officer of Dalrada. “DBBMcKennon was a valuable partner for Dalrada as we underwent significant changes to our business prior to and during the COVID-19 pandemic. However, as our business continues to evolve, we need a firm with deep government expertise and a global presence to better align with our fastest-growing segments.”
“Combined with our triple-digit growth in the 2022 fiscal year, using MGO’s services is a major signal to the market,” said Brian McGoff, President and Chief Operating Officer of Dalrada. “The need for this new selection is driven by a number of recent transformations we’ve made. The first was the launch of Dalrada Energy Services (DES) in early 2022, bringing innovation and leadership to the ESG market. Strong market demand and multiple federal incentives suited to its offerings will pave the way for DES to experience significant growth in 2023.”
Mr. McGoff continued, “Dalrada Precision Manufacturing complements these initiatives through significant investments in our heat pump and deposition technologies. In addition to strong, global demand, we also meet the requirements for legacy energy grants, the 2022 Chips and Science Act, and various manufacturing incentives within the Inflation Reduction Act, enabling us to create new and expanded manufacturing capabilities in the U.S. Through our discussions with MGO, we are confident they are the right firm to support and advise Dalrada on these initiatives as we continue on this path of significant growth.”
Dalrada looks forward to forging a strong bond with the MGO auditing team to deliver efficient and accurate reporting on the Company’s financial statements.
For additional information on Dalrada and its subsidiaries, please visit www.dalrada.com.
About Dalrada (DFCO)
Dalrada Financial Corporation (OTCQB: DFCO) is a forward-facing organization that continually produces disruptive products and services that accelerate positive change for current and future generations.
Since 1982, Dalrada has redefined possibilities while boldly addressing global challenges with transformative innovations that drive targeted advances in emerging markets for a new era of human behavior and interaction, ensuring a bright future for the world around us.
Dalrada Financial Corporation is committed to positively impacting people, businesses, and the planet through sustainable solutions. For more information, please visit www.dalrada.com, and follow us on Twitter, Facebook, and LinkedIn.
As one of the fastest-growing business advisory and CPA professional services firms in the country, MGO combines deep industry experience with well-established advisory and accounting solutions that deliver results. MGO clients range from global technology and life science leaders, public companies, and innovative startups from the largest government entities in the country, to the biggest names in sports and entertainment. MGO is ranked as one of the top CPA firms in the nation by Accounting Today and Inside Public Accounting.