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Audit committee at CareCloud (Nasdaq: CCLD) regains Nasdaq rule compliance

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

Rhea-AI Filing Summary

CareCloud, Inc. reported a board change affecting its audit committee. On March 24, 2026, the board appointed Cameron Munter to serve as a member of the Audit Committee. The board determined he meets Nasdaq’s independence requirements, so the Audit Committee now has three independent directors and the company has regained compliance with Nasdaq Listing Rule 5605(c)(2). Nasdaq has notified the company that it is back in compliance with this rule.

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Insights

CareCloud restores Nasdaq audit committee compliance with a new independent director.

CareCloud has appointed Cameron Munter to its Audit Committee, and the board determined he meets Nasdaq’s independence standards under Listing Rule 5605(c)(2). This brings the committee to three independent directors, aligning its structure with exchange expectations.

This move removes a prior compliance issue with Nasdaq related to audit committee composition. Nasdaq has sent formal notice that the company is again compliant with Listing Rule 5605(c)(2), which helps reduce listing-related risk tied to governance structure.

Future company filings may provide more detail on Mr. Munter’s background, tenure and any additional committee responsibilities, which could further clarify how his expertise supports CareCloud’s financial reporting and oversight processes.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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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 24, 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officer; Compensatory Arrangements of Certain Officers.  

 

On March 24, 2026, the Board of Directors (the “Board”) of CareCloud, Inc. (the “Company”) approved the appointment of Mr. Cameron Munter to serve as a member of the Audit Committee. The Board has affirmatively determined that Mr. Munter satisfies the independence requirements applicable to audit committee members under Nasdaq Listing Rule 5605(c)(2). Following this appointment, the Audit Committee is comprised of three independent directors, and the Company has regained compliance with Nasdaq Listing Rule 5605(c)(2). The Company has received notice from Nasdaq of its compliance.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

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 27, 2026 By: /s/ Norman Roth
    Norman Roth
    Interim Chief Financial Officer and Corporate Controller

 

 

 

FAQ

What board change did CareCloud (CCLD) announce in this 8-K?

CareCloud announced that its board appointed Cameron Munter to the Audit Committee. This appointment adds another independent director to the committee, helping the company meet Nasdaq’s audit committee composition and independence requirements under Listing Rule 5605(c)(2).

How does Cameron Munter’s appointment affect CareCloud’s Nasdaq compliance?

With Cameron Munter joining the Audit Committee as an independent director, CareCloud’s Audit Committee now has three independent members. This composition satisfies Nasdaq Listing Rule 5605(c)(2), allowing the company to regain and confirm its compliance with that audit committee requirement.

What independence standards does CareCloud say Cameron Munter meets?

CareCloud’s board determined that Cameron Munter satisfies the independence requirements for audit committee members under Nasdaq Listing Rule 5605(c)(2). These standards focus on ensuring audit committee members are free of relationships that could impair objective financial oversight and governance responsibilities.

Did CareCloud regain compliance with Nasdaq rules in this filing?

Yes. CareCloud stated that, following Cameron Munter’s appointment, its Audit Committee consists of three independent directors. As a result, the company has regained compliance with Nasdaq Listing Rule 5605(c)(2), and it has received notice from Nasdaq confirming this compliance status.

What committee does Cameron Munter join at CareCloud (CCLD)?

Cameron Munter was appointed to the Audit Committee of CareCloud’s board of directors. This committee oversees financial reporting and related controls, and his appointment helps ensure the committee has the independent membership required by Nasdaq’s Listing Rule 5605(c)(2).

Who signed the CareCloud 8-K reporting the audit committee change?

The 8-K was signed on behalf of CareCloud by Norman Roth, who is identified as Interim Chief Financial Officer and Corporate Controller. His signature confirms the company’s authorization of the disclosure about the Audit Committee appointment and Nasdaq compliance status.

Filing Exhibits & Attachments

4 documents
CARECLOUD INC

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