---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-009400"
form_type: "8-K"
ticker: "CCLD"
cik: "0001582982"
company_name: "CareCloud, Inc."
filed_at: "2025-03-06T23:59:59+00:00"
generated_at: "2026-05-25T05:57:13.397245+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CareCloud converts Series A Preferred Stock, eliminating ~$7M+ annual dividends

## Summary
- Conversion of Series A Preferred Stock into common stock at 7.3358 shares per share effective March 6, 2025.
- Annual dividend obligations reduced by approximately $7 million or more, freeing capital for growth.
- Material shareholders (≥100,000 shares) retain limited right to object; not automatically converted.
- Fractional shares of common stock rounded up to nearest whole share; no fractional shares issued.

## SEC filing metadata
- accession: 0001493152-25-009400
- form_type: 8-K
- ticker: CCLD
- cik: 0001582982
- company_name: CareCloud, Inc.
- filed_at: 2025-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582982/000149315225009400/0001493152-25-009400-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582982/000149315225009400/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-009400
- JSON: https://secwatch.observer/filing/0001493152-25-009400.json
- Plain text: https://secwatch.observer/filing/0001493152-25-009400.txt

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