---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-026570"
form_type: "8-K"
ticker: "CCLD"
cik: "0001582982"
company_name: "CareCloud, Inc."
filed_at: "2024-07-09T23:59:59+00:00"
generated_at: "2026-05-31T22:35:39.758430+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CareCloud proposes amending Series A Preferred: dividend to 8.75%, adds change-of-control and exchange rights

## Summary
- Special meeting of Series A Preferred Shareholders set for August 23, 2024; requires 2/3 approval.
- Dividend rate on Series A Preferred cut from 11% to 8.75% per annum, matching Series B.
- Company gains option to exchange Series A shares for common stock at $25 liquidation preference plus accrued dividends.
- Amendment adds change-of-control protection for Series A holders, similar to Series B terms.
- Directors and officers increased common stock ownership to 38.3% as of June 30, 2024, up from 34.7%.

## SEC filing metadata
- accession: 0001493152-24-026570
- form_type: 8-K
- ticker: CCLD
- cik: 0001582982
- company_name: CareCloud, Inc.
- filed_at: 2024-07-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582982/000149315224026570/0001493152-24-026570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582982/000149315224026570/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-026570
- JSON: https://secwatch.observer/filing/0001493152-24-026570.json
- Plain text: https://secwatch.observer/filing/0001493152-24-026570.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.