ClearOne announces 1-for-15 reverse stock split

From Yahoo Finance: 2025-06-03 09:30:00

At a special meeting on May 30, 2025, ClearOne (CLRO) stockholders approved a proposal for a reverse stock split of the Company’s common stock by a ratio of 1-for-10 to 1-for-15. The reverse split is expected to take place on June 3, 2025, as previously announced on May 21, 2025.

ClearOne’s stockholders voted to authorize a reverse stock split of the Company’s common stock at a special meeting on May 30, 2025. The split is set to occur at a ratio between 1-for-10 and 1-for-15, with a market effective date of June 3, 2025. This decision was announced by the Company on May 21, 2025.

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