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An announcement from CareMax ( (CMAX) ) is now available.
CareMax, amid its Chapter 11 proceedings, has secured a $122 million DIP Facility to support operations, while ClareMedica Health Partners is set to acquire CareMax’s core assets as a ‘stalking horse’ bidder for $100 million. However, CareMax’s stock faces delisting from Nasdaq due to non-compliance with listing rules. This restructuring move aims to stabilize CareMax’s finances and redefine healthcare delivery through its value-based care model.
For an in-depth examination of CMAX stock, go to TipRanks’ Stock Analysis page.
