CareCloud redeems preferred stock with $50 million credit facility
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Wall St up after tech selloff as yields retreat; Moderna surges
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Francisco Partners to acquire Weave Communications for $650M
CareCloud Completes Full Redemption of Series B Preferred Stock, Capping a Decade of Transformational Growth and Profitability
May 18, 2026 8:00 AM EDTCompany intends to access growth capital opportunistically only at or above $5.00 per share through its existing $60 million ATM facility
SOMERSET, N.J., May 18, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD), (CareCloud or the Company), a leader in AI-powered healthcare technology and revenue cycle management solutions, today announced the full redemption of 100% of its outstanding 8.75% Series B Preferred Stock, marking a major milestone in the Companys multi-year transformation and capital structure evolution.
The redemption was funded through CareClouds recently secured $50 million credit facility, led... More
