CareCloud, Inc. Files DEFA14A Proxy Materials
Ticker: CCLDO · Form: DEFA14A · Filed: Aug 28, 2024 · CIK: 1582982
| Field | Detail |
|---|---|
| Company | Carecloud, Inc. (CCLDO) |
| Form Type | DEFA14A |
| Filed Date | Aug 28, 2024 |
| Risk Level | low |
| Pages | 8 |
| Reading Time | 10 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, corporate-governance, filing-update
TL;DR
CareCloud (formerly MTBC) filed proxy docs, no new fee. Shareholders get info for voting.
AI Summary
CareCloud, Inc. filed a Definitive Additional Materials (DEFA14A) on August 28, 2024. This filing relates to the company's proxy statement and does not require a new filing fee. CareCloud, Inc. was formerly known as MTBC, Inc. until a name change on February 6, 2019.
Why It Matters
This filing provides important information to shareholders regarding the company's proxy voting process and corporate governance. It ensures transparency and shareholder participation in company decisions.
Risk Assessment
Risk Level: low — This filing is a routine proxy statement update and does not contain information indicating significant new risks or changes in the company's financial or operational status.
Key Numbers
- 0001493152-24-034205 — Accession Number (Unique identifier for the filing)
Key Players & Entities
- CareCloud, Inc. (company) — Registrant
- MTBC, Inc. (company) — Former company name
- 20190206 (date) — Date of name change from MTBC, Inc.
- 20240828 (date) — Filing date
FAQ
What type of filing is this DEFA14A for CareCloud, Inc.?
This filing is classified as Definitive Additional Materials (DEFA14A).
Was there a fee associated with this filing?
No fee was required for this filing, as indicated by the 'No fee required' checkbox being selected.
What was CareCloud, Inc. formerly known as?
CareCloud, Inc. was formerly known as MTBC, Inc. and before that, MEDICAL TRANSCRIPTION BILLING, CORP.
When did the company change its name from MTBC, Inc.?
The company's name change from MTBC, Inc. occurred on February 6, 2019 (20190206).
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: 2,403 words · 10 min read · ~8 pages · Grade level 9.7 · Accepted 2024-08-28 17:00:08
Filing Documents
- formdefa14a.htm (DEFA14A) — 109KB
- formdefa14a_001.jpg (GRAPHIC) — 3KB
- formdefa14a_002.jpg (GRAPHIC) — 10KB
- formdefa14a_003.jpg (GRAPHIC) — 5KB
- formdef14a_005.jpg (GRAPHIC) — 3KB
- 0001493152-24-034205.txt ( ) — 140KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A Proxy Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under § 240.14a-12 CareCloud, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Subsequent to the filing of the Definitive Proxy Statement on July 8, 2024, the attached emails (Exhibits A, B, C and D), letters (Exhibits E, F, G and H) and text messages (Exhibit I) were sent to certain shareholders of the Company’s Series A Preferred Stock in connection with soliciting votes to approve an amendment to the Certificate of Designations, Preferences and Rights for the Series A Preferred Stock. The aforementioned documents follow in the attached exhibits. Exhibit A Dear Shareholder: Greetings. Our records show that as of the special meeting record date, you held at least [###] of Series A Preferred Stock (Nasdaq: CCLDP) that remain unvoted. Your participation is important to us in this decision-making process. While we are pleased to share that more than [##] % of the shares voted to-date are “ FOR ” both proposals, a passing vote will require a minimum quorum. We are close to the minimum quorum, but your vote is critical. If you have not yet voted, please do one of the following to cast your vote: Click VOTE NOW Call 844-874-6164 to vote by phone To learn more about the special proxy, please review the Series A Preferred special proxy filings, which are available on the SEC’s website and on the CareCloud website . Finally, please note that you may be receiving more than one email to cast your vote, since you may hold multiple CCLDP shares in different accounts. Therefore, if you desire to vote ALL of your shares, it is important that you click “Vote Now” in each of the email(s) that you receive. Please don’t hesitate to contact me via email ( ir@carecloud.com ) or on my cell (732-873-1351) if you need assistance. Thank you for your continued support of CareCloud. Sincerely, NOTE : This communication is intended solely for holders of CareCloud’s Series A Preferred Stock who are eligible to vote at the special meeting currently scheduled for August 23, 2024. Please take the time to review all of the Series A Preferred Stock Special Proxy Filings carefully, which are available on the SEC’s website and at https://ir.carecloud.com/series-a-special-proxy , prior to submitting a proxy or voting in this matter. If you do not wish to receive communication from vote@carecloud.com , please reply “ Unsubscribe ” . Exhibit B <Name> <Address 1> <Address 2> <City>, <State> <Zip code> Vote Now Re: CareCloud Series A Preferred Special Proxy Vote Shareholder: <Name> Personalized QR Vote Number of shares entitled to vote: <Share Number> SCAN HERE Dear <Name>, We are pleased to share with you that as of today <##> % of your fellow Series A Preferred Shareholders have submitted proxy votes in favor of both proposals being considered in the special proxy vote. While there has been tremendous support, a passing vote will require a minimum quorum, which has not yet been met – we are close, but your vote is critical. As you may have seen: Glass Lewis , a leading proxy vote advisory firm, recommends a vote “ FOR ” both proposals. <##>% of Series A Shareholders indicated a vote “ FOR ” both proposals, as of <Date>. For your vote to count, you’ll need to vote “ FOR ” both proposals by August 21, 2024 . How to Cast Your Vote : To ensure your vote is counted, you have several options: 1. Vote Securely Online : Scan the above QR Code or visit <URL>. 2. Call to Vote : You can vote by phone now or reach out with questions regarding the voting process at 844-874-6164. 3. Send an Email : Send an email today to carecloud@allianceadvisors.com indicating that you would like to vote and then you will receive voting instructions. To learn more about the special proxy, it is important that you review the Series A Preferred special proxy filings carefully, which are available on the SEC’s website and at https://ir.carecloud.com/series-a-special-proxy . Please don’t hesitate to contact me via email (ir@carecloud.com) or on my cell (732-873-1351) if I can be of any assistance. Thank you for your continued support of CareCloud. Sincerely, Exhibit C Dear