Recent Updates — CCLD
CareCloud, Inc. announced on July 22, 2026, that Executive Chairman Mahmud Haq and two associated trusts entered into a Securities Account Pledge Agreement and a Securities Account Control Agreement with Citizens Bank, N.A. to provide additional collateral support for the company's $40 million term loan and $10 million revolving credit facility. As a result of the pledge of 4,300,000 shares of common stock, the company issued a warrant to Mr. Haq to exercise 4,300,000 shares at a $5.00 per share strike price over a five-year term. CareCloud, Inc. is a healthcare technology company providing cloud-based software solutions for medical practices and healthcare providers.
CareCloud, Inc. entered into a First Amendment to its Credit Agreement with Citizens Bank, N.A. and other lenders, effective May 6, 2026. The amendment modifies information and notice requirements for permitted acquisitions and revises the liquidity condition for such acquisitions, while also extending the deadline for delivering certain securities account pledge documentation to 105 days post-closing. CareCloud, Inc. provides cloud-based software solutions for the healthcare industry.