Support for Preferred Stock Proposal Hits a New High of 89%, Special Meeting Scheduled for September 11th
CareCloud, Inc. (CCLD)
Company Research
Source: GlobeNewswire
SOMERSET, N.J., Aug. 23, 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 announced that approximately 89% of the shares represented by proxies returned to-date for the Series A Preferred Stock special meeting (“Special Meeting”) have indicated that they are voting “FOR” the amendment to the Company’s Certificate of Designations, Preferences and Rights of its Series A Preferred Stock (the “Preferred Stock Proposal”). Due to the significantly narrowed gap for passage of the Preferred Stock Proposal, the Special Meeting will be reconvened on Wednesday, September 11, 2024 at 11:00 a.m. Eastern Time. “We are very pleased to see the groundswell of support for our Preferred Stock Proposal,” said Stephen Snyder, President of CareCloud. “With a favorable vote recommendation from proxy vote advisor Glass Lewis, the approval of nearly 9 out of 10 resp
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News
- CareCloud Announces Approval of Series A Preferred Stock ProposalGlobeNewswire
- 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
- 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