ClearOne receives Nasdaq delisting notice for bid price below $1.00 for 30 days

CLEARONE INC

Nasdaq notified ClearOne on June 20, 2024 that its common stock closing bid price was below $1.00 for 30 consecutive trading days.
Company has 180 calendar days, until December 17, 2024, to regain compliance by closing at $1.00 or more for 10 consecutive trading days.
If not compliant by Dec 17, 2024, ClearOne may qualify for an additional 180-day extension if it meets other listing standards.
ClearOne intends to monitor the bid price and consider options to cure the deficiency; no assurance of regaining compliance.

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