ClearOne Plunges 11.26% Amid Reverse Split, Dividend

On July 2, 2025, ClearOne's stock experienced a significant drop of 11.26% in pre-market trading, marking a notable decline in its share price.

ClearOne recently announced a 1-for-15 reverse stock split, which means shareholders now hold one share for every 15 shares they previously owned. This move is aimed at enhancing shareholder value by increasing the stock price per share.

The company also declared a one-time special stock dividend, which is set to be paid on July 18, 2025, to stockholders of record as of July 11, 2025. This dividend is intended to provide legacy stockholders with a 100% stake in the proceeds from any eventual sale of the company's current assets and operations.

These corporate actions have had a significant impact on ClearOne's stock price, with the company's shares experiencing a massive rally after the announcement of the special dividend. The reverse stock split and special dividend are part of ClearOne's efforts to enhance shareholder value and provide returns to its investors.