iCoreConnect, a cloud-based software and technology company for dental and medical companies, filed for Chapter 11 bankruptcy June 2.
The company filed for Chapter 11 relief to retain control over its assets and operations and position itself for long-term success, according to documents filed with the Securities and Exchange Commission. iCoreConnect reported outstanding note payables totaling $10,026,552.
The bankruptcy case, which was filed in the U.S. Bankruptcy Court for the Middle District of Florida, came after iCoreConnect was notified of its assets being auctioned by its creditor, PIGI Solutions, in March.
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