ClearOne Inc: Nasdaq staff determines delisting for failure to meet $2,500,000 equity

What happened

• The company reported that on Oct 8, 2026 Nasdaq staff determined ClearOne had not demonstrated compliance with the $2,500,000 minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) and determined to delist the company's securities from The Nasdaq Capital Market.
• The filing says the company intends to timely request a hearing before a Nasdaq Hearings Panel by Oct 15, 2026, which will automatically stay any suspension or delisting pending the hearing; if the company does not timely request a hearing, trading will be suspended at the opening of business on Oct 19, 2026.

Key details

• On Apr 7, 2026 ClearOne received a notice from Nasdaq that it no longer complied with Nasdaq Listing Rule 5550(b).
• The company had 45 calendar days from Apr 7, 2026, or until May 22, 2026, to submit a plan; ClearOne submitted a compliance plan on May 22, 2026.
• Nasdaq granted an exception of up to 180 calendar days from Apr 7, 2026, or until Oct 5, 2026, to regain compliance.
• Nasdaq’s Oct 8, 2026 letter said ClearOne had not completed the remedial actions in its May 22, 2026 plan and therefore did not demonstrate compliance with the $2,500,000 stockholders' equity rule.

Why it may matter

• This report is Item 3.01, "Notice of delisting or failure to satisfy a continued listing rule or standard," which covers Nasdaq's determination regarding the company's continued listing based on minimum stockholders' equity requirements.
• The filing states the company will present a plan at the hearing and intends to take measures to regain compliance but does not guarantee Nasdaq will grant further relief.
• This filing does not show why the company acted or why the insider traded.