CareCloud announced the continuation of proxy solicitation from the holders of its 11% Series A Cumulative Redeemable Perpetual Preferred Stock to approve an amendment to the Company’s Certificate of Designations, Preferences and Rights of its Series A Preferred Stock. With approximately 38% of the shares of Series A Preferred Stock having already returned their proxies as of August 2, 2024, nearly 87% of these shares are in favor of the changes recommended in the Preferred Stock Proposal.
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