CareCloud Announces Approval of Series A Preferred Stock Proposal
CareCloud, Inc. (CCLD)
Company Research
Source: GlobeNewswire
SOMERSET, N.J., Sept. 11, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today reconvened its special meeting (“Special Meeting”) of CareCloud’s Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) shareholders. At the Special Meeting, shareholders representing more than two-thirds of the outstanding shares of Series A Preferred Stock approved the preferred stock proposal, which included an amendment to the Company’s Certificate of Designations, Preferences and Rights of its Series A Preferred Stock (the “Preferred Stock Proposal”). The information contained in this press release is a summary of certain relevant portions of the Definitive Proxy Statement and other materials filed with the SEC. The entirety of the filings are available on the SEC’s website and on https://ir.carecloud.com/series-a-special-proxy.
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News
- 99% of Required Votes Obtained for CareCloud’s Series A Preferred Stock Proposal, Proxy Vote Solicitation ContinuesGlobeNewswire
- CareCloud, Inc. (NASDAQ: CCLD) had its price target raised by analysts at Benchmark Co. from $4.00 to $4.50. They now have a "buy" rating on the stock.MarketBeat
- Support for Preferred Stock Proposal Hits a New High of 89%, Special Meeting Scheduled for September 11thGlobeNewswire
- Electronic Health Records Market size is set to grow by USD 54.7 billion from 2024-2028, Benefits of EHR leading to rise in adoption boost the market, AI Role and Impact, Technavio [Yahoo! Finance]Yahoo! Finance
- CareCloud Second Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
CCLD
Earnings
- 8/13/24 - Beat
CCLD
Sec Filings
- 9/16/24 - Form 8-K
- 9/11/24 - Form 8-K
- 9/11/24 - Form DEFA14A
- CCLD's page on the SEC website