Carecloud announces conversion of series a preferred stock

Somerset, n.j., march 06, 2025 (globe newswire) -- carecloud, inc. (the “company”) (nasdaq: ccld, ccldo, ccldp), a leader in healthcare information technology and generative ai solutions for medical practices and health systems nationwide, announced today (the “mandatory exchange date”) that it effected the mandatory conversion (the "conversion") of shares of its 8.75% series a cumulative redeemable perpetual preferred stock (the “preferred stock”), into the company's common stock, $0.001 par value per share (the “common stock”).
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