CareCloud seeks shareholder approval to increase authorized common shares from 35M to 85M

CareCloud, Inc.

Proposal increases authorized common shares from 35M to 85M to enable acquisitions, organic growth, and preferred conversion.
Special Meeting of common stockholders set for January 27, 2025; record date December 3, 2024.
Board and executive team collectively own >38% of common stock and unanimously support the proposal.
Company generated >$10M free cash flow in first three quarters of 2024 and 50% YoY adjusted EBITDA growth.
CareCloud reports 23% compound annual growth rate over the past decade.

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