Carecloud, Inc. · NASDAQ:CCLD
Carecloud — Shareholder Meeting (July 2024)
10 slides from Carecloud's shareholder meeting presentation, Jul 9, 2024
Slide 1: Summary of Series A Preferred Stock Proposals
Summary of Series A Preferred Stock Proposals Nasdaq Global Market: CLD, CCLDP, CCLDO July 9, 2024 @ © CareCloud, Inc. 2024
Slide 2: Safe Harbor Statements
Safe Harbor Statements ‘This presentation contains forward-looking statements within the meaning ofthe federal cecurites laws, These statements relate to anticipated future events, future results of operations or fature financial perfermance In ome cases, you can identify forwardlooking statements b
Slide 3: Statement about the Special Proxy Statement
CoreCloud®? ‘Statement about the Special Proxy Statement ‘The issuer has filed a special proxy statement on Form DEF 14A and additional materials on Form DEFA 14A on July 8, 2024, The special proxy statement and additional materials can be ‘accessed through the following links: You may get these doc
Slide 4: Series A Preferred Stock Proposal Background
Series A Preferred Stock Proposal Background On July 8, 2024, CareCloud (“CareCloud” or the “Company”) filed a special proxy statement asking Series A Preferred Shareholders to approve at a Special Meeting: 1. An amendment to the designations, preferences and rights associated with the 11% Series A
Slide 5: What Are the Goals of the Preferred Stock Proposal?
What are the Goals of the Preferred Stock Proposal? * To best align the interests, protections and rights between the Series A and Series B Preferred Shareholders, namely: * Without the changes contained in the Series A Preferred Stock Proposal, a potential acquirer of the Company who purchases the
Slide 6: What Are the Key Changes under the Proposal?
What are the Key Changes under the Series A Preferred Stock Proposal? Align Change of Control Rights between Classes of Preferred Stock (Expanded Rights) Provide the same change of control rights and protections to the Series A Preferred Shareholders (which currently do not exist for Series A) as th
Slide 7: How Does this Series A Preferred Stock Proposal Benefit the Series A Shareholders?
How Does this Series A Preferred Stock Proposal Benefit the Series A Shareholders? Provides Protection and Liquidity in a Change of Control The Series A Preferred Stock Proposal provides Series A Preferred Shareholders with change of control provisions similar to those afforded to Series B Preferred
Slide 8: What Are the Risks to Voting in Favor of the Proposal?
What are my Risks to Voting in Favor of the Series A Preferred Stock Proposal? * The future dividend rate would be reduced from 11% to 8.75% per annum, consistent with the Series B Preferred Stock. * The Company would have the right to exchange part or all of the Series A Preferred Stock for shares
Slide 9: What Are the Required Approvals?
What are the Required Approvals? * The Series A Preferred Stock Proposal must be approved by holders of at least 66 2/3% of the outstanding Series A Preferred Stock. * Non-votes are effectively a “no” vote. * If we do not receive the required votes, there will be no changes. * You have the option of
Slide 10: Thank You!
CoreCloud”” Thank You! Nasdaq Global Market: CCLD, CCLDP, CCLDO Corporate B carecloud.com Investor Relations ir.carecloud.com Norman Roth, Chief Financial Officer ir@carecloud.com Bill Korn. ir@carecloud.com © CareCloud, inc. 2024 u