CareCloud (MTBC) Prices $25M Preferred Stock Offering

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Go back to CareCloud (MTBC) Prices $25M Preferred Stock Offering

CareCloud Announces Pricing of Public Offering of Preferred Stock

January 28, 2022 6:20 PM EST

SOMERSET, N.J., Jan. 28, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today that it has priced an underwritten public offering of 1,000,000 shares of non-convertible 8.75% Cumulative Redeemable Perpetual Preferred Stock ("Series B Preferred Stock") at a price of... More