CareCloud, Inc. Files 8-K for Material Definitive Agreement
Ticker: CCLDO · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1582982
| Field | Detail |
|---|---|
| Company | Carecloud, Inc. (CCLDO) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $25 million, $10 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, filing, corporate-action
Related Tickers: CCLD
TL;DR
CareCloud just signed a big deal, filing an 8-K with the SEC.
AI Summary
On October 25, 2024, CareCloud, Inc. entered into a material definitive agreement. The company, formerly known as MTBC, Inc., filed an 8-K report detailing this agreement. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates a significant new contract or partnership for CareCloud, Inc., which could impact its future revenue and strategic direction.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood by the market.
Key Players & Entities
- CareCloud, Inc. (company) — Registrant
- MTBC, Inc. (company) — Former company name
- October 25, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement CareCloud, Inc. entered into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on October 25, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 25, 2024.
What was CareCloud, Inc.'s former name?
CareCloud, Inc.'s former name was MTBC, Inc., and prior to that, MEDICAL TRANSCRIPTION BILLING, CORP.
What is CareCloud, Inc.'s state of incorporation?
CareCloud, Inc. is incorporated in Delaware.
What is the SIC code for CareCloud, Inc.?
The Standard Industrial Classification (SIC) code for CareCloud, Inc. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 732 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-10-28 08:05:18
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share CCLD Nasdaq Global Market
- $25 million — le on its revolving line of credit from $25 million to $10 million. The Agreement was reque
- $10 million — ving line of credit from $25 million to $10 million. The Agreement was requested by the Com
Filing Documents
- form8-k.htm (8-K) — 50KB
- ex10-1.htm (EX-10.1) — 302KB
- ex99-1.htm (EX-99.1) — 16KB
- form8-k_001.jpg (GRAPHIC) — 12KB
- ex99-1_001.jpg (GRAPHIC) — 18KB
- 0001493152-24-042604.txt ( ) — 681KB
- ccld-20241025.xsd (EX-101.SCH) — 4KB
- ccld-20241025_def.xml (EX-101.DEF) — 30KB
- ccld-20241025_lab.xml (EX-101.LAB) — 37KB
- ccld-20241025_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: October 28, 2024 By: /s/ A. Hadi Chaudhry A. Hadi Chaudhry Chief Executive Officer 3