{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-012845","form_type":"8-K","ticker":"CCLD","cik":"0001582982","company_name":"CareCloud, Inc.","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.416361+00:00","generated_at":"2026-05-17T07:17:54.232935+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CareCloud secures $10M credit facility with Provident Bank, replaces Wells Fargo note for Medsphere acquisition","bullets":["New $10M facility from Provident Bank; $8.3M drawn at closing to replace Wells Fargo promissory note for Medsphere acquisition.","Interest rate is SOFR + 3% (currently under 7.5%), significantly lower than the prior note.","Two-year term; facility is secured by substantially all of CareCloud's assets.","Medsphere acquisition total purchase price $16.5M: $8.25M paid from internal cash, balance financed via this facility.","Company intends to fully pay down Medsphere-related obligation by mid-2026 through internally generated cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-012845","json":"https://secwatch.observer/filing/0001493152-25-012845.json","markdown":"https://secwatch.observer/filing/0001493152-25-012845.md","text":"https://secwatch.observer/filing/0001493152-25-012845.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1582982/000149315225012845/0001493152-25-012845-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1582982/000149315225012845/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:17:54.232935+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}