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T R O U B L E D C O M P A N Y R E P O R T E R
Saturday, February 15, 2025, Vol. 29, No. 45
Headlines
CAREMAX INC: Posts $2.14 Million Net Loss in December
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CAREMAX INC: Posts $2.14 Million Net Loss in December
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CareMax, Inc. filed with the U.S. Securities and Exchange
Commission its monthly operating report for December 2024.
The Debtor's statement of operations reflected a net loss of $2.14
million for the current reporting period, compared to a net loss of
$428,171 for the month prior.
As of November 30, 2024, the Debtor listed $1.07 billion in total
assets, $444.9 million in total liabilities, and $627.07 million in
total shareholders' equity.
The Debtor's operating report reflected zero receipts and
disbursements in December.
A copy of the monthly operating report is available at the SEC at:
https://tinyurl.com/3pzxjuwc
About CareMax Inc.
CareMax Inc. is a provider of medical centers for elderly
patients.
CareMax and its affiliates sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 24-80093) on
November 17, 2024. In its petition, CareMax reported estimated
liabilities between $500 million and $1 billion and estimated
assets between $100 million and $500 million.
Judge Michelle V. Larson oversees the cases.
The Debtors tapped Thomas Robert Califano, Esq., at Sidley Austin,
LLP as bankruptcy counsel; Alvarez & Marsal North America, LLC as
financial advisor; and Piper Sandler & Co. as investment banker.
Stretto, Inc. is the Debtors' claims, noticing and solicitation
agent.
On December 4, 2024, the Office of the United States Trustee
appointed an official committee of unsecured creditors in these
Chapter 11 cases. The committee tapped Pachulski Stang Ziehl &
Jones LLP and Sills Cummis & Gross PC as counsels and M3 Advisory
Partners, LP as financial advisor.
On December 19, 2024, Suzanne Koenig was appointed as the patient
care ombudsman in the Chapter 11 cases. She tapped SAK Management
Services, LLC, doing business as SAK Healthcare, as medical
operations advisor and Ross, Smith & Binford, PC as counsel.
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Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par. Prices are
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then-ending.
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S U B S C R I P T I O N I N F O R M A T I O N
Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA.
Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante,
Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon,
Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and
Peter A. Chapman, Editors.
Copyright 2025. All rights reserved. ISSN: 1520-9474.
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