---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-24-002137"
form_type: "8-K"
ticker: "CLRO"
cik: "0000840715"
company_name: "CLEARONE INC"
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:57:28.977615+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ClearOne gets 180-day Nasdaq extension to June 16, 2025 to regain $1.00 minimum bid price compliance

## Summary
- Nasdaq granted ClearOne 180-day extension to June 16, 2025 to meet minimum $1.00 closing bid price requirement.
- Company's stock previously non-compliant since June 2024; closing bid below $1.00 for 30 consecutive business days.
- If compliance not regained by June 16, 2025, Nasdaq will issue delisting notice; company can appeal.
- ClearOne may implement reverse stock split (subject to stockholder approval) to regain compliance.

## SEC filing metadata
- accession: 0001753926-24-002137
- form_type: 8-K
- ticker: CLRO
- cik: 0000840715
- company_name: CLEARONE INC
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/840715/000175392624002137/0001753926-24-002137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840715/000175392624002137/clro-20241223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-24-002137
- JSON: https://secwatch.observer/filing/0001753926-24-002137.json
- Plain text: https://secwatch.observer/filing/0001753926-24-002137.txt

## Key facts
- Listing & Compliance Notices
  CLEARONE INC received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: ket (“Nasdaq”) notifying the Company that, because the closing bid price for its common stock had been below $1.00 per share for 30 consecutive business days, it is no longer in compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed companies to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 days, or until December 17, 2024, to regain compliance with the Minimum Bid Requirement. On Dece
  evidence_url: https://www.sec.gov/Archives/edgar/data/840715/000175392624002137/0001753926-24-002137-index.htm

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