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CareCloud (NASDAQ: CCLD) director exit aids Nasdaq compliance

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CareCloud, Inc. filed a current report describing several updates. The company issued an earnings press release and an accompanying slide presentation on March 12, 2026, which are included as exhibits and provide details on its recent operating and financial performance.

On March 10, 2026, director A. Hadi Chaudhry resigned from the Board, effective immediately. His resignation is intended to help the company regain compliance with Nasdaq Listing Rule 5605, which requires a majority-independent board. The company states his departure did not arise from any disagreement over operations, policies, or practices.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 10, 2026

 

CARECLOUD, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-36529   22-3832302

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

7 Clyde Road, Somerset, New Jersey, 08873

(Address of principal executive offices, zip code)

 

(732) 873-5133

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   CCLD   Nasdaq Global Market
8.75% Series B Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share   CCLDO   Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 2.02 Results of Operations and Financial Condition.

 

On March 12, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information furnished pursuant to Item 2.02 of this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On March 10, 2026, A. Hadi Chaudhry notified the Board of Directors (the “Board”) of CareCloud, Inc. of his resignation from the Board, effective immediately. The resignation was submitted in order to assist the Company in regaining compliance with the director independence requirements under Nasdaq Listing Rule 5605, which requires that a majority of the Board be comprised of independent directors. Mr. Chaudhry’s decision to resign was not the result of any disagreement with the Company regarding its operations, policies or practices.

 

Item 7.01 Regulation FD Disclosure.

 

On March 12, 2026, the Registrant provided slides to accompany its earnings presentation, a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

 

The information furnished pursuant to Item 7.01 of this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1 Press release dated March 12, 2026.
   
99.2 Slide presentation dated March 12, 2026.
   
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

2
 

 

SIGNATURE(S)

 

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: March 12, 2026 By: /s/ Norman Roth
      Norman Roth
      Interim Chief Financial Officer and Corporate Controller

 

3

 

 

Exhibit 99.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 99.2

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 
 

 

 

 

 

FAQ

What did CareCloud (CCLD) disclose in its latest 8-K filing?

CareCloud reported an earnings press release and slide presentation dated March 12, 2026, and disclosed the immediate resignation of director A. Hadi Chaudhry on March 10, 2026, to help the company regain compliance with Nasdaq’s board independence requirements.

Why did A. Hadi Chaudhry resign from CareCloud’s Board of Directors?

A. Hadi Chaudhry resigned effective March 10, 2026 to assist CareCloud in regaining compliance with Nasdaq Listing Rule 5605, which requires that a majority of board members be independent directors. The company states his decision was not due to any disagreement with its operations or policies.

Did CareCloud indicate any disagreement with A. Hadi Chaudhry over his resignation?

CareCloud stated that Mr. Chaudhry’s decision to resign was not the result of any disagreement with the company’s operations, policies, or practices. The filing frames his departure as a step to support compliance with Nasdaq’s director independence requirements rather than a conflict-driven exit.

What financial information did CareCloud reference in this 8-K?

CareCloud noted it issued an earnings press release and accompanying slide presentation on March 12, 2026, attached as Exhibits 99.1 and 99.2. These materials, incorporated by reference, contain details about its recent operating results and financial condition, though specific figures are not included in this excerpt.

How does Nasdaq Listing Rule 5605 relate to CareCloud’s board changes?

Nasdaq Listing Rule 5605 requires that a majority of a listed company’s board members be independent directors. CareCloud explained that A. Hadi Chaudhry resigned on March 10, 2026 specifically to help the company regain compliance with this independence standard for continued Nasdaq listing.

What exhibits did CareCloud attach to its March 2026 current report?

CareCloud attached three exhibits: a press release dated March 12, 2026 as Exhibit 99.1, a slide presentation dated March 12, 2026 as Exhibit 99.2, and the Cover Page Interactive Data File, identified as Exhibit 104, embedded within the Inline XBRL document associated with the report.

Filing Exhibits & Attachments

42 documents
Carecloud Inc

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