other_material
confidence high
sentiment neutral
materiality 0.60
CareCloud completes full redemption of Series B Preferred Stock for ~$41.6M
CareCloud, Inc.
- All outstanding shares of 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock redeemed on May 15, 2026.
- Redemption price of $27.52 per share includes $25.25 plus accumulated dividends through redemption date.
- Aggregate redemption price approximately $41.6 million; Series B delisted from Nasdaq as of May 14, 2026.
- Common stock (CCLD) continues to trade on Nasdaq; no shares of Series B remain outstanding.
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