CareCloud director John N. Daly passes away; Nasdaq independence rules triggered, cure period granted

CareCloud, Inc.

Director John N. Daly passed away on Nov 24, 2025; served on Board since July 2014.
Company not compliant with Nasdaq Listing Rule 5605(b)(1) (majority independent directors) and 5605(c)(2)(A) (Audit Committee size).
Cure period until earlier of next annual meeting or Nov 24, 2026; company plans to appoint additional independent director.

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