0001493152-26-023914
SEC filingCareCloud, Inc. completed the full redemption of its Series B Preferred Stock on May 15, 2026, at $27.52 per share for approximately $41.6 million, resulting in delisting from Nasdaq effective May 14, 2026.
CareCloud, Inc. executed the full redemption of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock on the Redemption Date of May 15, 2026, in line with the Certificate of Designation. Each holder received $27.52 per share, comprising the $25.25 liquidation preference plus all accumulated and unpaid dividends up to but excluding the redemption date, totaling about $41.6 million paid out. This action followed the company's notification to Nasdaq on April 13, 2026, as referenced in the prior 8-K filing on April 14, 2026. Consequently, Nasdaq delisted the Series B Preferred Stock effective close of business on May 14, 2026, and will file Form 25 to deregister it under Section 12(b). Importantly, this delisting has no impact on the continued listing and trading of the company's common stock on Nasdaq under ticker CCLD. Post-redemption, all shares are retired, eliminating associated dividend obligations and preferred holder rights beyond payment receipt.