ClearOne announces 1-for-15 reverse stock split to regain Nasdaq compliance

CLEARONE INC

Reverse split subject to stockholder approval at May 30, 2025 special meeting.
If approved, split effective June 2, 2025 at 5:00 p.m. ET; adjusted trading begins June 3.
Outstanding shares reduced from ~26.0 million to ~1.7 million; no fractional shares issued.
New CUSIP number 18506U203; par value remains $0.001 per share.
Split intended to increase per-share price to meet Nasdaq minimum bid requirement.

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