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CareCloud reaffirms guidance following capital structure simplification

CareCloud (CCLD) reaffirmed its previously issued financial guidance following the successful closing of a $50 million credit facility and the announced redemption of 100% of its Series B Preferred Stock. “This is an important milestone for CareCloud,” said Stephen Snyder, Chief Executive Officer of CareCloud. “We set out to simplify our capital structure and strengthen our financial foundation, and we have delivered on that commitment.”

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