secwatch.observer — SEC 8-K summary
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Issuer:     ClearSign Technologies Corp (CLIR)
CIK:        0001434524
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001104659-24-112653
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ClearSign receives Nasdaq extension to April 28, 2025 to regain minimum bid price compliance
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- Granted 180-day extension after stock closed below $1 for 30 consecutive days through May 1, 2024.
- Must close at $1.00 per share for 10 consecutive business days by April 28, 2025 to avoid delisting.
- Company may pursue a reverse stock split if needed to meet the bid price requirement.
- Failure to regain compliance could lead to delisting; company may appeal but no assurance of success.
- Listing and trading of CLIR on Nasdaq Capital Market continue for now; no immediate effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434524/000110465924112653/0001104659-24-112653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434524/000110465924112653/tm2427125d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-112653

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