CareCloud Completes $41.6M Series B Preferred Stock Redemption, Delisting

CareCloud, Inc. announced the completion of the full redemption of all issued and outstanding shares of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock on May 15, 2026. The redemption price was $27.52 per share, including accumulated dividends, totaling approximately $41.6 million. Consequently, the Series B Preferred Stock was delisted from the Nasdaq Global Market as of May 14, 2026, though the company's common stock listing remains unaffected.