---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-109655"
form_type: "8-K"
ticker: null
cik: "0001813914"
company_name: "CareMax, Inc."
filed_at: "2024-09-26T23:59:59+00:00"
generated_at: "2026-05-31T01:39:18.644521+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CareMax receives Nasdaq delisting notice for failure to meet $15M MVPHS; appoints director Edward Borkowski

## Summary
- On Sept 20, 2024, Nasdaq notified CareMax that MVPHS for Class A common stock fell below $15M for 30 consecutive business days, violating Listing Rule 5450(b)(3)(C).
- Company has 180 calendar days until March 19, 2025 to regain compliance by achieving closing MVPHS >= $15M for at least 10 consecutive business days.
- If compliance is not regained, Nasdaq will delist the Common Stock; company may consider options but no assurance of success.
- Board appointed Edward J. Borkowski as Class II director effective Sept 24, 2024, serving until 2026 annual meeting, with $45,000 per month compensation.

## SEC filing metadata
- accession: 0000950170-24-109655
- form_type: 8-K
- cik: 0001813914
- company_name: CareMax, Inc.
- filed_at: 2024-09-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1813914/000095017024109655/0000950170-24-109655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1813914/000095017024109655/cmax-20240920.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-109655
- JSON: https://secwatch.observer/filing/0000950170-24-109655.json
- Plain text: https://secwatch.observer/filing/0000950170-24-109655.txt

## Key facts
- Executive change
  Edward J. Borkowski was appointed as Class II director at CareMax, Inc..
  - Action: appointed
  - Role: Class II director
  source text: On and effective as of September 24, 2024, the board of directors (the “Board”) of the Company appointed Mr. Edward J. Borkowski to serve as a Class II director of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1813914/000095017024109655/0000950170-24-109655-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.