secwatch.observer — SEC 8-K summary
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Issuer:     CLEARONE INC (CLRO)
CIK:        0000840715
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001753926-24-001145
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/840715/000175392624001145/0001753926-24-001145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/840715/000175392624001145/clro-20240624.htm
  HTML page:      https://secwatch.observer/filing/0001753926-24-001145

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