secwatch.observer — SEC 8-K summary
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Issuer:     CareMax, Inc. (—)
CIK:        0001813914
Form:       8-K
Filed at:   2024-09-26T23:59:59+00:00
Accession:  0000950170-24-109655
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813914/000095017024109655/0000950170-24-109655-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813914/000095017024109655/cmax-20240920.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-109655

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