Trust Size
$454M
Current Price
$0.00
Peak Market Cap
$2.5B
Price Journey
What Happened
CareMax was a value-based healthcare provider operating 56 medical centers in Florida, Texas, Tennessee, and New York, primarily serving Medicare Advantage patients. The company went public via SPAC merger with Dune Acquisition Corporation in 2021. CareMax filed for Chapter 11 bankruptcy in November 2024.
Dune Acquisition Corporation merged with CareMax in June 2021. The healthcare company grew aggressively through acquisitions but was hit by rising costs and exposure to the Steward Health Care bankruptcy. CareMax was delisted from Nasdaq in September 2024 and filed for Chapter 11 in November 2024 with a prearranged reorganization plan.
Timeline
2020-07-15
S-1 Registration Filed
2021-05-14
Merger Proxy Filed (DEFM14A)
2025-02-21
Last SEC Filing
2024-11-17
Filed for bankruptcy
🔀 Reverse Stock Split
Reverse split ratio: . Reverse splits are used to avoid delisting but destroy shareholder value through the illusion of a higher stock price.
SEC Filing Details
CIK Number
1813914
Total SEC Filings
329
State of Incorporation
DE
Last Filing Date
2025-02-21
Business Location
New York, NY
Trust/Asset Size
$454M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for CareMax