CareCloud (NASDAQ: CCLD) withdraws 8.75% Series B preferred listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
CareCloud, Inc. notified the removal and voluntary withdrawal of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock from listing and registration on the Nasdaq Stock Market LLC. The Exchange and the issuer each certified compliance with the applicable 17 CFR 240.12d2-2 procedures for delisting and withdrawal.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-36529
Dividend Rate: 8.75%
Issuer address ZIP: 08873
+2 more
5 metrics
Commission File Number
001-36529
Form 25 cover information
Dividend Rate
8.75%
Series B Cumulative Redeemable Perpetual Preferred Stock
Issuer address ZIP
08873
Principal executive offices, Somerset, New Jersey
Regulation cited
17 CFR 240.12d2-2
Procedural rules for delisting/withdrawal
Form expiration date (header)
March 31, 2018
Form header expiration line
Key Terms
Form 25, 17 CFR 240.12d2-2, Cumulative Redeemable Perpetual Preferred
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b)"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
Cumulative Redeemable Perpetual Preferred financial
"8.75% Series B Cumulative Redeemable Perpetual Preferred Stock"
FAQ
What did CareCloud (CCLD) file with the SEC?
CareCloud filed a Form 25 notifying the removal/withdrawal of its 8.75% Series B Preferred Stock from Nasdaq listing. The filing certifies that both the Exchange and issuer complied with 17 CFR 240.12d2-2 procedural requirements.
Which class of securities is being removed for CCLD?
The 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock is the class of securities identified for removal from Nasdaq listing and registration under Form 25.
Where is CareCloud's principal executive office listed in the filing?
The filing lists the issuer's address as 7 Clyde Road, Somerset, New Jersey 08873 and provides a telephone number 732-873-5133 for the principal executive offices.