CareCloud, Inc DEFA14A, filed Mar 23, 2020
CareCloud, Inc. (CCLD)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
| [ ] | Preliminary Proxy Statement |
| [ ] | CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) |
| [ ] | Definitive Proxy Statement |
| [X] | Definitive Additional Materials |
| [ ] | Soliciting Material under § 240.14a-12 |
| MTBC, Inc. |
| (Name of Registrant as Specified In Its Charter) |
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) |
Payment of Filing Fee (Check the appropriate box):
| [X] | No fee required. | |
| [ ] | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
| (1) | Title of each class of securities to which transaction applies: | ||
| (2) | Aggregate number of securities to which transaction applies: | ||
| (3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): | ||
| (4) | Proposed maximum aggregate value of transaction: | ||
| (5) | Total fee paid: | ||
| [ ] | Fee paid previously with preliminary materials. | |
| [ ] | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
| (1) | Amount Previously Paid: | ||
| (2) | Form, Schedule or Registration Statement No.: | ||
| (3) | Filing Party: | ||
| (4) | Date Filed: |
 |
| VStock Transfer, LLC |
| 18 Lafayette Place |
| Woodmere, New York 11598 |
* SPECIMEN *
1 MAIN STREET
ANYWHERE PA 99999-9999
MTBC, Inc.
7 Clyde Road
Somerset, NJ 08873
Important Notice Regarding the Availability of Proxy Materials For The Annual Meeting of Shareholders to Be Held On May 19, 2020
This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting.
If you would like to receive a paper or e-mail copy of these documents, you must request one. There is no charge for such documents to be mailed to you. Please make your request for a copy as instructed below on or before April 23, 2020 to facilitate a timely delivery.
ACCESSING YOUR PROXY MATERIALS ONLINE
The following Proxy Materials are available to you to review at: https://ir.mtbc.com/MTBC/sec_filings
| - | the Company’s 2020 Proxy Statement (including all attachments thereto), | |
| - | 2019 Annual Report on Form 10-K of the Company, | |
| - | the Proxy Card, and | |
| - | any amendments to the foregoing materials that are required to be furnished to stockholders. |
ONLINE VOTING
| To vote your proxy electronically, please go to www.vstocktransfer.com/proxy | ||
| You must reference your | ||
| 12-digit control number listed below. | ||
| REQUESTING A PAPER COPY OF THE PROXY MATERIALS | ||
| Have this notice available when you request a paper copy of the proxy materials: | ||
| By telephone please call (toll free) 1-855-987-8625, | ||
| or | ||
| By email at: vote@vstocktransfer.com | ||
| Please include the company name and your account number in the subject line. | ||
| CONTROL # | AC:ACCT9999 |
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
TO BE HELD ON MAY 19, 2020
TIME
11:00 a.m., Eastern Time, on
Tuesday, May 19, 2020
PURPOSE
| ● | To amend MTBC, Inc.’s (the “Company”) Amended and Restated Equity Incentive Plan to increase the number of shares of the Company’s Common Stock issuable under the plan from 2,851,000 shares to 4,851,000 shares. | |
| ● | To amend the Company’s Amended and Restated Equity Incentive Plan to increase the number of shares of the Company’s Series A Preferred Stock issuable under the plan from 300,000 shares to 600,000 shares. | |
| ● | To elect to the Board of Directors the following nominees presented by the Board: A. Hadi Chaudhry, John N. Daly, Mahmud Haq and Cameron P. Munter. | |
| ● | To consider and act on such other business as may properly come before the Annual Meeting on any postponement(s) or adjustment(s) thereof. |
DOCUMENTS
This Notice is only an overview of the Proxy Statement and proxy card included in this mailing which is also available at https://ir.mtbc.com/MTBC/sec_filings. The Notice of Internet Availability will be mailed to shareholders on or about March 26, 2020.
PLACE
7 Clyde Road, Somerset, NJ 08873. You can obtain directions to the meeting by visiting https://ir.mtbc.com/MTBC/corporate_governance.
CONTINGENT VIRTUAL MEETING
Due to the emerging public health impact of the coronavirus (COVID-19), we will monitor the need to conduct the Annual Meeting solely by means of remote communication. In that event, we will announce the decision to do so in advance, and details on how to participate and inspect a list of shareholders of record will be set forth in a press release issued by the Company and available at https://ir.mtbc.com/MTBC/press_releases?template=mtbc. If you plan to attend the Annual Meeting, please check our website one week prior to the meeting. As always, you are encouraged to vote your shares prior to the Annual Meeting.
RECORD DATE
Owners of shares of the Company’s Common Stock, as of the close of business on March 20, 2020, will receive notice of and be entitled to vote at the Annual Meeting and any adjournments.
VOTING
Even if you plan to attend the Annual Meeting, please mark, sign, date, and return the enclosed proxy card in the enclosed postage-paid envelope. You may revoke your proxy by filing with the Secretary of the Company a written revocation or by submitting a duly executed proxy bearing a later date. If you are present at the Annual Meeting, you may revoke your proxy and vote in person on each matter brought before the Annual Meeting. You may also vote over the Internet using the Internet address on the proxy card. To be considered, all votes must be received by midnight on May 12, 2020.
Kimberly Grant
General Counsel and Corporate Secretary
Dated: March 26, 2020