ClearOne, Inc. (NASDAQ: CLRO) shares surged an impressive 96.24% in pre-market trading on Tuesday, July 1, 2025, reaching $11.49 following Special stock dividend announced supporting asset sale plan. This dramatic rise comes after the stock closed at $5.75 in the previous session.
The company’s Board of Directors has declared a one-time special stock dividend on the company’s issued and outstanding shares of common stock. This dividend is designed to provide 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.
The special stock dividend will be payable on July 18, 2025, and distributed to stockholders of record as of July 11, 2025.
