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0 0 0.0281690140845069 0.0281690140845069 0.0281690140845069 0.0281690140845069 0.0225352112676057 0.0774647887323943
Stock impact report

CareCloud Announces 94% Shareholder Support for Proposal to Increase Authorized Shares

CareCloud, Inc. (CCLD) 
Company Research Source: GlobeNewswire
SOMERSET, N.J., Jan. 06, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that approximately 94% of the shares represented by proxies submitted to-date for the common stock special meeting scheduled for January 27, 2025 (the “Special Meeting”) have voted “FOR” the Board-supported proposal to increase the number of authorized shares (the “Proposal”). The Proposal seeks to increase the Company’s authorized common stock to provide greater strategic flexibility. The additional shares will enable CareCloud to pursue future acquisitions, support organic expansion, and facilitate the potential conversion of the Company’s outstanding Series A Preferred Stock into common stock. The increase also supports other corporate objectives to position the Company for long-term growth. “We are thrilled with the overwhelming support from our shareholde Show less Read more
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