Clearday, INC

Market Movers (8-K)

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Clearday, Inc. announces the resignation of director Jeffrey A. Coleman, while also planning to add a new director to support its merger with Viveon Healthcare Acquisition Corp.
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Clearday, Inc. has entered into a securities purchase agreement resulting in $1.558 million in financing through a promissory note and warrants.
Capital raise
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Clearday Inc. has amended a promissory note, increasing its debt to $3.89 million to reflect additional obligations under a lease transition agreement.
Worse than expected
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Clearday, Inc. amended its loan agreement with Mast Hill Fund, securing additional financing, extending maturity dates, and issuing a new warrant.
Worse than expected
Capital raise
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Clearday Inc. and its CEO are facing a foreclosure sale of their Naples, Florida property after a final judgement was entered against them for $6.18 million plus interest.
Worse than expected
Capital raise

Quarterly Earnings (10-Q)

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Clearday, Inc. reports a significant decrease in revenue and operating expenses for Q3 2023 as it transitions its business model and pursues a merger with Viveon Health Acquisition Corp.
Capital raise
Worse than expected