Focus on Enhancing Profitability and Further Streamlining OperationsSOMERSET, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDP, CCLDO)))), a leader in healthcare technology solutions for
CareCloud said it received an offer on March 4, 2024, to acquire the company for $5.00 per share of its common stock and the $25 redemption price per share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock, with no mention of the company's 11% Series A Cumulative Redeemable Perpetual Preferred Stock.