ClearOne (CLRO) Announces 1-for-15 Reverse Stock Split

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ClearOne, Inc. Announces 1-for-15 Reverse Stock Split

May 21, 2025 4:01 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- At a special meeting of stockholders to be held on May 30, 2025 (the Special Meeting) of ClearOne, Inc. (NASDAQ: CLRO), the Companys stockholders will vote to approve a proposal to authorize a reverse stock split of the Companys issued and outstanding common stock, par value $0.001 per share (the Common Stock) by a ratio of between 1-for-10 and 1-for-15 (the Reverse Stock Split Proposal).

Today the Company announced that, subject to stockholder approval of the Reverse Stock Split Proposal at the Special Meeting, the Company will effect a 1-for-15... More