secwatch.observer — SEC 8-K summary
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Issuer:     Veradigm Inc. (—)
CIK:        0001124804
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001193125-24-147595
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veradigm explores strategic alternatives; Tom Langan named interim CEO
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- Board initiates process to explore strategic alternatives including sale, merger, or business combination.
- Reaffirms FY2024 guidance: revenue $620-$635M; adjusted EBITDA $104-$113M.
- Cash and cash equivalents $343M; funded debt $208M as of March 31, 2024.
- Tom Langan appointed interim CEO effective June 7, 2024; Lee Westerfield extends interim CFO through Dec 31, 2024.
- Interim CEO Dr. Yin Ho resigns as director; size of board reduced to six.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124804/000119312524147595/0001193125-24-147595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124804/000119312524147595/d813949d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-147595

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