---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-022352"
form_type: "8-K"
ticker: "CLNN"
cik: "0001822791"
company_name: "Clene Inc."
filed_at: "2024-07-09T23:59:59+00:00"
generated_at: "2026-05-31T22:38:45.796878+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clene (CLNN) to effect 1-for-20 reverse stock split on July 11 to regain Nasdaq compliance

## Summary
- Reverse stock split effective July 11, 2024; shares reduce from ~128.7M to ~6.4M.
- Split intended to meet Nasdaq $1.00 minimum bid price requirement for continued listing.
- No fractional shares; cash in lieu based on July 10 closing price.
- All outstanding options, warrants, convertible debt adjusted proportionally.
- Authorized shares unchanged; par value remains $0.0001 per share.

## SEC filing metadata
- accession: 0001437749-24-022352
- form_type: 8-K
- ticker: CLNN
- cik: 0001822791
- company_name: Clene Inc.
- filed_at: 2024-07-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822791/000143774924022352/0001437749-24-022352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822791/000143774924022352/clnn20240618_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-022352
- JSON: https://secwatch.observer/filing/0001437749-24-022352.json
- Plain text: https://secwatch.observer/filing/0001437749-24-022352.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.