Attached files

file filename
EX-99.3 - CareCloud, Inc.ex99-3.htm
EX-99.2 - CareCloud, Inc.ex99-2.htm
EX-99.1 - CareCloud, Inc.ex99-1.htm
EX-23.1 - CareCloud, Inc.ex23-1.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K/A

 

(Amendment No. 1)

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 8, 2020

 

MTBC, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-36529   22-3832302

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

7 Clyde Road, Somerset, New Jersey, 08873

(Address of principal executive offices, zip code)

 

(732) 873-5133

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   MTBC   Nasdaq Global Market
11% Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share   MTBCP   Nasdaq Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

  Emerging growth company [  ]  

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

 

 

 

 
 

 

Explanatory Note

 

On January 8, 2020, MTBC, Inc. (the “Company” or “MTBC”) filed with the Securities and Exchange Commission (“SEC”) a Current Report on Form 8-K (the “Original Form 8-K”) to disclose that the Company had acquired CareCloud Corporation, a Delaware corporation (“CareCloud”). This Amendment No. 1 (this “Amendment”) to the Original Form 8-K is being filed by the Company for the purpose of amending and supplementing Item 9.01 of the Original Form 8-K to include the audited financial statements of CareCloud and the pro forma financial information required by Items 9.01(a) and (b) of Form 8-K and should be read in conjunction with the Original Form 8-K. No other changes are made to the Original Form 8-K by this Amendment.

 

Section 9 ― Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

  (a) Financial statements of businesses acquired
     
    The audited financial statements of CareCloud are filed as Exhibit 99.1 to this Form 8-K and incorporated by reference herein.
     
  (b) Pro forma financial information
     
    Pro forma financial information with respect to the acquisitions of CareCloud and Etransmedia Technology, Inc. (“ETM”) is filed as Exhibit 99.2 to this Form 8-K and incorporated by reference herein.
     
  (c) Exhibits

 

No.   Description
     
23.1   Consent of Wojeski & Company CPAs, P.C.
     
99.1   Annual financial statements of CareCloud.
     
99.2   Unaudited Pro Forma Condensed Combined Financial Information with respect to the acquisitions of CareCloud and ETM.
     
99.3   Supplemental information.

 

2
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MTBC, Inc.
  (Registrant)
            
  By: /s/ Stephen A. Snyder
    Stephen A. Snyder
    Chief Executive Officer

 

Date: March 20, 2020

 

3