$CCLD·8-K

CareCloud, Inc. · Jun 26, 5:00 PM ET

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CareCloud, Inc. 8-K

Research Summary

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CareCloud, Inc. Amends Credit Agreement with Citizens Bank

What Happened
CareCloud, Inc. announced a First Amendment to its Credit Agreement with Citizens Bank, N.A., as administrative agent, and the lenders party thereto. The Amendment was entered on June 25, 2026 and is effective as of May 6, 2026. It amends the Credit Agreement originally dated April 13, 2026; except for the changes in the Amendment, the Credit Agreement remains in full force.

Key Details

  • The Amendment replaces Schedule 6.16 (post-closing obligations), including extending the deadline to deliver certain securities account pledge documentation to 105 days after the closing date.
  • It modifies the information and notice requirements that apply to permitted acquisitions.
  • It revises the liquidity condition that applies when the company pursues permitted acquisitions.
  • The full text of the Amendment is filed as Exhibit 10.1 to the 8-K filed June 26, 2026.

Why It Matters
The Amendment adjusts the company’s post-closing compliance timeline and changes lender-related requirements for acquisitions, which can affect CareCloud’s operational flexibility when completing deals. Extending the pledge-document deadline and updating acquisition-related information and liquidity conditions gives CareCloud more defined timing and conditions for meeting lender covenants—important for investors tracking financing risk, covenant compliance, and the company’s ability to grow through acquisitions.

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