{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-127766","form_type":"8-K","ticker":null,"cik":"0001813914","company_name":"CareMax, Inc.","filed_at":"2024-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.781365+00:00","generated_at":"2026-05-29T23:10:56.381166+00:00","sec_items":["1.01","1.03","2.04","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"CareMax files Chapter 11; secures $122M DIP financing; ACO sale to RHG for $10M","bullets":["Chapter 11 filed Nov 17, 2024 in N.D. Texas; company operates as debtor-in-possession.","DIP facility up to $122M: $12M interim, $18.5M final new money plus $91.5M roll-up; interest SOFR+11%.","ACO SPA: RHG Network to buy ACO entities for $10M plus 2023/2024 MSSP payments; subject to Bankruptcy Court approval.","CFO Kevin Wirges granted $250K retention bonus; vests by Mar 15, 2025 or upon restructuring or change in control.","Company warns equity holders face significant or complete loss; expects delisting of CMAX and CMAXW from Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-127766","json":"https://secwatch.observer/filing/0000950170-24-127766.json","markdown":"https://secwatch.observer/filing/0000950170-24-127766.md","text":"https://secwatch.observer/filing/0000950170-24-127766.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1813914/000095017024127766/0000950170-24-127766-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1813914/000095017024127766/cmax-20241115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:10:56.381166+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6f0e7895830cf3709309af4db898c7814cc6fdea","claim":"CareMax, Inc. entered chapter 11 in U.S. Bankruptcy Court for the Northern District of Texas (petition 2024-11-17).","evidence_excerpt":"On November 17, 2024, CareMax, Inc., a Delaware corporation (the “ Company ”), and certain of its controlled affiliates (such affiliates, together with the Company, the “ Debtors ”) commenced filing voluntary petitions (the “ Chapter 11 Cases ”) in the U.S. Bankruptcy Court for the Northern District of Texas (the “ Bankruptcy Court ”) seeking relief under chapter 11 of title 11 of the U.S. Code (the “ Bankruptcy Code ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1813914/000095017024127766/0000950170-24-127766-index.htm","confidence":0.99,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"U.S. Bankruptcy Court for the Northern District of Texas"},{"label":"Petition","value":"2024-11-17"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}