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CareCloud获得5000万美元信贷安排,赎回优先股
2026-04-14 21:19
- CareCloud (CCLDO) on Tuesday said it has secured a $50M credit facility with Citizens Bank and Provident Bank, while also announcing plans to fully redeem its Series B preferred stock.
- The company said the credit facility, led by Citizens Bank, will support its operations and growth initiatives.
- CareCloud also said it will redeem all outstanding Series B preferred shares on May 15, eliminating about $3.2 million in annual dividend obligations and simplifying its capital structure.
- The company said the moves are aimed at lowering financing costs, improving liquidity, and supporting expansion of its AI-driven healthcare technology platform.
- CCLD -1.42% premarket to $2.76.
- Source: Press Release
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