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CareCloud Increases Authorized Shares to 85 Million

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CareCloud Increases Authorized Shares to 85 Million

CareCloud ( (CCLD) ) has shared an announcement.

On January 27, 2025, CareCloud, Inc. held a special meeting where a record-breaking number of shareholders approved an amendment to increase the authorized shares of common stock from 35 million to 85 million. This decision reflects strong shareholder support and positions the company for potential growth, indicating confidence in its future operations and market strategy.

More about CareCloud

CareCloud, Inc. is a leading provider of healthcare technology and generative AI solutions, aimed at enhancing financial and operational performance, streamlining clinical workflows, and improving patient experiences for medical practices and health systems nationwide. Its offerings include revenue cycle management, practice management, electronic health records, business intelligence, patient experience management, and digital health solutions, serving over 40,000 providers.

YTD Price Performance: -9.19%

Average Trading Volume: 177,747

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $56.25M

For an in-depth examination of CCLD stock, go to TipRanks’ Stock Analysis page.

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