CareCloud Completes Full Redemption of Series B Preferred Stock, Capping a Decade of Transformational Growth and Profitability

Company intends to access growth capital opportunistically only at or above $5.00 per share through its existing $60 million ATM facility SOMERSET, N.J., May 18, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD), (“CareCloud” or the “Company”), a leader in AI-powered healthcare technology and revenue cycle management solutions, today announced the full redemption of 100% of its outstanding 8.75% Series B Preferred Stock, marking a major milestone in the Company's multi-year transformation and capital structure evolution.