CareMax completes 1-for-30 reverse stock split effective Jan 31, 2024

On January 31, 2024, CareMax, Inc., a Delaware corporation (the “Company”), effected a one-for-thirty reverse stock split (the “Reverse Stock Split”) of the Company’s Class A common stock, par value $0.0001. As previously disclosed, at its special meeting of stockholders held on January 23, 2024, the stockholders of the Company approved a proposal to authorize the Company’s Board of Directors (the “Board”) to amend the Company’s Third Amended and Restated Certificate of Incorporation (the “Charter”) to effect a reverse stock split at a ratio between one-for-ten (1:10) and one-for-forty (1:40), inclusive, as determined by the Board in its discretion. On January 23, 2024, the Board approved the Reverse Stock Split at a ratio of one-for-thirty. Following such approval, the Company filed an amendment to its Charter (the “Amendment”) with the Secretary of State of the State of Delaware to effect the Reverse Stock Split, with an effective time of 11:59 p.m. Eastern Time on January 31, 2024.