Business Context and Reporting Period
CareCloud, Inc. (CCLD) filed this Form 8-K on June 17, 2024, to report the results of its Annual Meeting of Shareholders held on the same date in Somerset, New Jersey. The company is incorporated in Delaware and trades on the Nasdaq Global Market.
Key Financial Metrics
This filing is a current report regarding corporate governance and shareholder voting. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metric.
Material Changes
There are no material financial changes reported in this document. The primary event is the completion of the shareholder vote on director elections and executive compensation.
Shareholder Voting Results
As of the record date (April 18, 2024), there were 16,118,492 shares of common stock outstanding and eligible to vote. The following proposals were approved:
- Election of Directors: All four nominees were elected to the Board of Directors.
- Hadi Chaudhry: 7,875,587 For / 322,764 Withheld
- John Daly: 7,921,767 For / 276,584 Withheld
- Mahmud Haq: 7,893,802 For / 304,549 Withheld
- Cameron Munter: 7,442,847 For / 755,504 Withheld
- Executive Compensation (Say-on-Pay): Approved on an advisory basis.
- For: 7,408,190
- Against: 623,892
- Abstain: 166,268
Investor Verification Checklist
- Verify the full details of the director nominees and executive compensation in the Proxy Statement on Schedule 14A filed on April 19, 2024.
- Confirm the current share count and any subsequent changes since the April 18, 2024 record date.
- Review the company's most recent 10-Q or 10-K for financial performance data, as this 8-K contains no financial metrics.