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  • 7/2/2025
ClearOne shares surged 81.2% on Tuesday after announcing a one-time special stock dividend tied to a potential sale of the company's assets. The board approved the issuance of one share of Class A Redeemable Preferred Stock for each outstanding common share. If an asset sale is completed, the preferred stock will be redeemed for 100% of the net proceeds. The dividend is part of ClearOne’s strategic review process, which includes exploring one or more asset sale transactions. The dividend is payable on July 18 to shareholders of record as of July 11.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Clear One shares surged 81.2% on Tuesday after announcing a one-time special stock dividend
00:07tied to a potential sale of the company's assets. The board approved the issuance of
00:11one share of Class A redeemable deferred stock for each outstanding common share.
00:15If an asset sale is depleted, the deferred stock will be redeemed for 100% of the net proceeds.
00:20Dividend is part of Clear One's strategic review process,
00:23which includes exploring one or more asset sale transactions.
00:26Dividend is payable on July 18th to shareholders of record as of July 11th.
00:30For all things money, visit Benzinga.com.

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