Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by CareCloud, Inc. on May 25, 2021, in Somerset, New Jersey. The record date for the meeting was March 26, 2021, with 14,397,700 shares of common stock outstanding and eligible to vote.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters regarding the election of directors.
Material Changes
No material financial changes are reported in this filing. The primary event is the successful election of three nominees to the Board of Directors.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It details the voting results for the Board of Directors:
- Anne M. Busquet: 6,664,659 votes For; 1,464,654 votes Withheld.
- Lawrence S. Sharnak: 6,681,366 votes For; 1,447,947 votes Withheld.
- Stephen A. Snyder: 6,727,817 votes For; 1,399,496 votes Withheld.
All three nominees were elected. There were no broker non-votes recorded for any nominee.
Investor Verification Checklist
- Verify the total number of shares outstanding (14,397,700) against the most recent 10-K or 10-Q filings.
- Confirm the new Board composition following the election of Busquet, Sharnak, and Snyder.
- Review the Proxy Statement referenced in the filing for detailed biographies and voting rationale.