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.

Today the Company announced that the Company will effect a 1-for-15 reverse stock split of the Company's issued and outstanding Common Stock (the "Reverse Stock Split") effective at 5:00 p.m. Eastern time on June 9, 2025 (the "Effective Time"). The Company's Common Stock will begin trading on a reverse stock split adjusted basis on The Nasdaq Capital Market at market open on June 10, 2025.

The Company's Board of Directors has approved the 1-for-15 reverse split ratio and has filed with the Delaware Secretary of State a Certificate of Amendment to its Certificate of Incorporation to effect the Reverse Stock Split at the Effective Time.