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The latest announcement is out from CareCloud ( (CCLD) ).
CareCloud, a leader in healthcare information technology, is soliciting proxies from its shareholders to approve an increase in authorized shares, aiming to bolster growth and corporate objectives. The proposal, backed by the board, seeks to expand authorized shares from 35 million to 85 million, facilitating strategic initiatives like acquisitions and conversions of preferred stock. With a strong growth record and a focus on profitability, CareCloud underscores the importance of shareholder participation in this pivotal decision.
For a thorough assessment of CCLD stock, go to TipRanks’ Stock Analysis page.
