CareCloud, Inc. Files 8-K on Security Holder Rights
Ticker: CCLDO · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1582982
| Field | Detail |
|---|---|
| Company | Carecloud, Inc. (CCLDO) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.001, $2.75, $2.1875, $25.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, amendment, rights
Related Tickers: CCLD
TL;DR
CareCloud filed an 8-K detailing changes to security holder rights and bylaws.
AI Summary
On September 11, 2024, CareCloud, Inc. filed an 8-K to disclose material modifications to the rights of its security holders. This filing also includes amendments to its Articles of Incorporation or Bylaws and Regulation FD disclosures. The company previously operated under the names MTBC, Inc. and MEDICAL TRANSCRIPTION BILLING, CORP.
Why It Matters
This filing indicates potential changes affecting the rights of CareCloud's shareholders and stakeholders, requiring careful review by investors.
Risk Assessment
Risk Level: medium — Filings concerning modifications to security holder rights and amendments to corporate bylaws can signal significant changes in the company's structure or governance, potentially impacting stock value.
Key Players & Entities
- CareCloud, Inc. (company) — Filer
- MTBC, Inc. (company) — Former company name
- MEDICAL TRANSCRIPTION BILLING, CORP (company) — Former company name
- 0001493152-24-036404 (filing_id) — Accession Number
FAQ
What specific modifications were made to the rights of CareCloud, Inc.'s security holders?
The filing indicates material modifications to the rights of security holders, but the specific details of these modifications are not elaborated upon in the provided text.
When did CareCloud, Inc. previously operate under the names MTBC, Inc. and MEDICAL TRANSCRIPTION BILLING, CORP?
CareCloud, Inc. changed its name from MTBC, Inc. on February 6, 2019, and from MEDICAL TRANSCRIPTION BILLING, CORP on July 31, 2013.
What is the Standard Industrial Classification (SIC) code for CareCloud, Inc.?
The SIC code for CareCloud, Inc. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
What is the state of incorporation for CareCloud, Inc.?
CareCloud, Inc. is incorporated in Delaware (DE).
What is the fiscal year end for CareCloud, Inc.?
The fiscal year end for CareCloud, Inc. is December 31 (1231).
Filing Stats: 2,893 words · 12 min read · ~10 pages · Grade level 16 · Accepted 2024-09-16 16:30:31
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share CCLD Nasdaq Global Market
- $2.75 — vidend amount per share is amended from $2.75 to $2.1875 per share per annum. 2 D
- $2.1875 — ount per share is amended from $2.75 to $2.1875 per share per annum. 2 D. Paragrap
- $25.00 — obtained by dividing (1) the sum of the $25.00 per share liquidation preference plus t
Filing Documents
- form8-k.htm (8-K) — 79KB
- ex3-1.htm (EX-3.1) — 51KB
- ex3-1_001.jpg (GRAPHIC) — 67KB
- 0001493152-24-036404.txt ( ) — 465KB
- ccld-20240911.xsd (EX-101.SCH) — 4KB
- ccld-20240911_def.xml (EX-101.DEF) — 30KB
- ccld-20240911_lab.xml (EX-101.LAB) — 37KB
- ccld-20240911_pre.xml (EX-101.PRE) — 27KB
- form8-k_htm.xml (XML) — 7KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CareCloud, Inc. Date: September 16, 2024 By: /s/ A. Hadi Chaudhry A. Hadi Chaudhry Chief Executive Officer 7