ClearOne gets Nasdaq delisting notice after missing $2.5M stockholders' equity rule

CLEARONE INC

• Nasdaq Staff determined on Oct 8, 2026 to delist ClearOne (CLRO) after it failed to demonstrate compliance with the $2,500,000 minimum stockholders' equity requirement under Listing Rule 5550(b)(1).
• The company received an initial Nasdaq notice on April 7, 2026, and was given until October 5, 2026 to regain compliance; its May 22, 2026 compliance plan was not completed.
• ClearOne intends to request a hearing before a Nasdaq Hearings Panel by October 15, 2026, which automatically stays suspension or delisting action pending the outcome.
• Without a timely hearing request, trading in CLRO common stock would be suspended at the opening of business on October 19, 2026.
• Company says it will take all reasonable measures to regain compliance, but gives no assurance Nasdaq grants the hearing or that listing is maintained.