Clearone Inc is a communications and entertainment technology company that specializes in developing audio and visual products for professional collaboration. The company offers a wide range of innovative solutions, including conferencing systems, streaming media devices, and content sharing tools that facilitate effective communication in various settings such as corporate offices, educational institutions, and healthcare environments. Clearone's commitment to enhancing user experiences is evident through its continuous research and development efforts aimed at delivering high-quality, reliable, and integrated audio-visual solutions. Read More
Intrigued by the market activity in the middle of the day on Tuesday? Uncover the key winners and losers of today's session in our insightful analysis.
ClearOne (NASDAQ: CLRO) today announced that its Board of Directors has declared a one-time special stock dividend on the Company’s issued and outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), and any Common Stock equivalents with dividend rights (the “Common Stock Equivalents”), to provide its legacy stockholders with a 100% stake in the proceeds from any eventual sale of all or substantially all of the Company’s current assets and operations in one or more transactions (collectively, the “Asset Sale”).
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
At a special meeting of stockholders held on May 30, 2025 (the “Special Meeting”) of ClearOne, Inc. (NASDAQ: CLRO), the Company’s stockholders approved a proposal to authorize a reverse stock split of the Company’s issued and outstanding common stock, par value $0.001 per share (the “Common Stock”) by a ratio of between 1-for-10 and 1-for-15. On May 21, 2025, the Company had previously announced that the Company expected to effect a 1-for-15 reverse stock split with a market effective date of June 3, 2025.
At a special meeting of stockholders to be held on May 30, 2025 (the “Special Meeting”) of ClearOne, Inc. (NASDAQ: CLRO), the Company’s stockholders will vote to approve a proposal to authorize a reverse stock split of the Company’s issued and outstanding common stock, par value $0.001 per share (the “Common Stock”) by a ratio of between 1-for-10 and 1-for-15 (the “Reverse Stock Split Proposal”).
ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three-month period ended March 31, 2025.
