Common Contracts
1 similar At Market Issuance Sales Agreement contracts
CareCloud, Inc.At Market Issuance Sales Agreement • February 14th, 2022
CareCloud, Inc. has entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (“B. Riley Securities”), relating to the sale of our 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock, which we refer to as the “Series B Preferred Stock”, offered by this prospectus supplement. In accordance with the terms of the Sales Agreement, under this prospectus supplement we may offer and sell, from time to time, shares of Series B Preferred Stock having an aggregate offering price of up to $35 million, through B. Riley Securities, acting as our sales agent or principal. Sales of Series B Preferred Stock, if any, under this prospectus supplement will be made by any method permitted that is deemed an “at the market offering” as defined in Rule 415 under the Securities Act of 1933, as amended, or the “Securities Act.” B. Riley Securities is not required to sell any specific amount but will act as our sales agent using commercially reasonable
