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CareMax ( (CMAXQ) ) has provided an update.
On February 3, 2025, CareMax’s restructuring plan became effective, leading to significant changes in its operations and leadership. This included the cancellation of existing equity interests, completion of asset sales, and the appointment of a new sole officer and director. The restructuring, confirmed by a Bankruptcy Court on January 31, 2025, resulted in the sale of key subsidiaries and assets, aiming to streamline the company’s focus and manage its liabilities, which stood at $1.4 billion against $1.7 billion in assets at the end of 2024.
More about CareMax
CareMax operates within the healthcare industry, focusing on management services for networks such as the Medicare Shared Savings Program.
YTD Price Performance: -60.0%
Average Trading Volume: 195,887
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $4
Find detailed analytics on CMAXQ stock on TipRanks’ Stock Analysis page.
