Business Context and Reporting Period
This Form 8-K Current Report was filed by CareCloud, Inc. (formerly MTBC, Inc.) on March 29, 2021. The report documents the official change of the company's corporate name from MTBC, Inc. to CareCloud, Inc., effective March 29, 2021, following the filing of a Certificate of Amendment with the State of Delaware on March 26, 2021.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a corporate governance filing regarding a name change and does not contain financial performance data.
Material Changes
- Corporate Name: Changed from MTBC, Inc. to CareCloud, Inc.
- Bylaws: Amended to reflect the new corporate name.
- Stock Ticker: NASDAQ symbols MTBC (Common Stock) and MTBCP (Series A Preferred Stock) remain unchanged.
- CUSIP Numbers: Updated to 14167R100 for common stock and 14167R209 for preferred stock, pending effectiveness.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document focuses solely on the administrative execution of the name change previously announced on February 25, 2021.
Key Facts for Investor Verification
- Verify the effective date of the name change (March 29, 2021) and the updated CUSIP numbers for trading systems.
- Confirm that the NASDAQ ticker symbols (MTBC and MTBCP) have not changed despite the corporate name update.
- Review the attached Certificate of Amendment (Exhibit 3.1) and Amended Bylaws (Exhibit 3.2) for specific legal details regarding the corporate structure.