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Stock impact report

CareCloud Highlights Successful Preferred A Conversion, Progress Toward Capital Structure Simplification, and Reaffirms Growth Outlook

CareCloud, Inc. (CCLD) 
Company Research Source: GlobeNewswire
SOMERSET, N.J., March 30, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leading provider of healthcare technology and revenue cycle management solutions, today highlighted the successful continued market absorption of the Q1 2025 conversion of its Series A Preferred Stock (“Preferred A”, formerly traded as CCLDP) into common equity, while reaffirming its previously issued financial guidance and continued confidence in its growth outlook. The Preferred A conversion, completed on March 6, 2025, resulted in the issuance of approximately 26 million shares of common stock, increasing CareCloud’s total common shares outstanding from approximately 16 million shares to approximately 42 million shares. Since the completion of the conversion, the Company’s stock has demonstrated resilience and continues to trade in line with levels observed prior to and during the conversion period, with a recent closing price of $3.49 on March 27, 2026. The Show less Read more
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