Every 8-K that CareCloud, Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (CCLDP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CCLDP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCLDP filings page.
CareCloud, Inc. entered into a new credit agreement with Provident Bank, providing the company with an available line of credit of $10 million. At closing on September 3, 2025, CareCloud borrowed approximately $8.3 million under this facility to satisfy its obligation to Wells Fargo Bank that arose from the Medsphere Systems Corp. acquisition. The company’s obligations to Provident are secured by substantially all of CareCloud’s assets, meaning the lender has broad collateral coverage. Key terms of the agreement, including covenants and detailed conditions, are contained in the full credit documents filed as exhibits.
CareCloud, Inc. entered into and closed an Asset Purchase Agreement on August 22, 2025, under which its new subsidiary CareCloud Holdings, Inc. acquired certain healthcare IT software and services assets from Medsphere Systems Corporation for an aggregate purchase price of $16,500,000 plus assumed liabilities. The price includes $8,250,000 in cash and $8,250,000 owed under a Deferred Payment Agreement with Wells Fargo Bank, N.A. that bears 12% annual interest and matures on February 20, 2026.
The Company and its subsidiaries guarantee the deferred payment and have granted Wells Fargo security interests in their assets under various security agreements. CareCloud purchased insurance to cover losses from breaches of Medsphere’s representations and warranties, but it generally cannot seek recovery from Medsphere for such breaches except in cases of fraud or intentional misrepresentation, and indemnification for covenant breaches is limited. A transition services agreement provides IT, customer support, billing, and operational support to help integrate the acquired assets, and required financial and pro forma statements will be filed later by amendment.
CareCloud, Inc. disclosed that on August 18, 2025 it voluntarily terminated its secured revolving line of credit agreement with Silicon Valley Bank, a division of First Citizens Bank & Trust Company. This facility, originally dated October 13, 2017 and amended over time, had provided the company with an available line of credit of $10 million.
The company states that it will ultimately replace this facility with a similar line of credit, indicating an intention to maintain access to revolving credit while changing lending arrangements.
CareCloud, Inc. reported a change in its independent auditor. On August 14, 2025, Rosenberg Rich Baker Berman, P.A. (“RRBB”) resigned as CareCloud’s independent registered public accounting firm because it lacked the staffing capacity to perform the internal control attestation required by SOX Section 404(b) after CareCloud’s public float exceeded $75 million as of June 30, 2025.
The company states there were no disagreements with RRBB on accounting principles, financial statement disclosure, or auditing scope or procedures during the year ended December 31, 2024 and through August 14, 2025, and no reportable events under Regulation S‑K. RRBB’s reports for the year ended December 31, 2024 contained no adverse opinion or disclaimer. On August 14, 2025, CareCloud’s Audit Committee approved the appointment of Tanner LLC as the new independent registered public accounting firm for the quarter ending September 30, 2025 and the year ending December 31, 2025.