secwatch.observer — SEC 8-K summary
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Issuer:     CLEARONE INC (CLRO)
CIK:        0000840715
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001753926-23-000995
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ClearOne receives Nasdaq bid-price deficiency notice; 180-day cure period started Aug 1
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- Nasdaq letter on Aug 1, 2023: CLRO common stock bid below $1.00 for 30 consecutive trading days.
- Must regain compliance by Jan 29, 2024 by closing at or above $1.00 for 10 consecutive days.
- If not cured, may qualify for additional 180-day period if all other listing standards are met.
- Company may effect a reverse stock split to cure the deficiency; no assurance of compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/840715/000175392623000995/0001753926-23-000995-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/840715/000175392623000995/clro-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001753926-23-000995

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