ClearSign Technologies Receives Nasdaq Extension to Regain Compliance with $1 Minimum Bid Price Rule

Reuters10-01
ClearSign Technologies Receives Nasdaq Extension to Regain Compliance with $1 Minimum Bid Price Rule

**ClearSign Technologies Receives Nasdaq Extension to Regain Compliance with Minimum Bid Price Rule** ClearSign Technologies Corporation announced that it has received a second 180-day extension from Nasdaq to regain compliance with the exchange's minimum $1 bid price requirement. The company's stock had traded below $1 for 30 consecutive business days, putting it in violation of Nasdaq Listing Rule 5550(a)(2). ClearSign now has until March 30, 2026, to meet the requirement. The company stated it may implement a reverse stock split if necessary to restore compliance. If ClearSign fails to meet the requirement by the deadline, it will face potential delisting, though it would have the right to appeal. The company's stock continues to trade on the Nasdaq Capital Market under the symbol "CLIR."

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